Custom Hiring Centre CHC subsidy under SMAM, how to open a farm machinery bank.
What is a Custom Hiring Centre and how much subsidy does it get?
SSurinder1yr ago · 449 views
4 Answers
🌾Farmer.in Krishi TeamExpert ✓1yr ago
A Custom Hiring Centre, or CHC, is a unit that owns tractors and implements and rents them out to nearby farmers on hire, so small farmers who cannot buy machines still get mechanised. Under SMAM, CHCs and Farm Machinery Banks get high project subsidy, commonly around 40 percent for individuals and entrepreneurs and up to 80 percent for groups, cooperatives, panchayats and FPOs in some categories and states. To set one up, register on your state mechanization portal, prepare a project report listing the machines, and apply under the CHC component. You also need land or shed, Aadhaar, bank details and registration of your group. The CHC can also earn through the rental app bookings.
PParminder1yr ago
Our SHG runs a small CHC. The high subsidy made it possible to buy a tractor, rotavator and a thresher. We hire them out in the village and the rental income covers the loan. Good model for groups.
YYusuf1yr ago
Spend real effort on the project report. The approval depends on a sensible machine mix for the crops around you and a believable hiring income. Our first draft listed machines nobody nearby needed and it came back for revision. A local agriculture officer helped us fix the list.
AAnjali1yr ago
Decide who keeps the machines and the records before you start, not after. Within our group we appointed one person for bookings and one for accounts, and that kept the rental money clean. A CHC fails fast if nobody owns the upkeep and the diary.