How to get a subsidy to start a Custom Hiring Centre under SMAM?

A Custom Hiring Centre (CHC) lets you buy a set of machines and rent them out to other farmers, and SMAM gives a project-based subsidy on the cost of the machinery you stock. The grant is typically around 40 percent of the project cost for individuals, entrepreneurs, cooperatives, FPOs and SHGs, with the rest funded by your own money plus a bank loan. You apply through the agrimachinery portal or your state portal with a project proposal listing the machines, their cost, and the location. After approval you buy the machines from approved dealers, an officer verifies them, and the subsidy comes by DBT. To run it well you usually need to register the CHC on the CHC Farm Machinery app or portal so nearby farmers can find and book your machines. Confirm the exact subsidy percentage, project cost ceiling and the list of eligible machines on your state agriculture portal because these vary by state and by year.