The Ministry of Agriculture & Farmers Welfare has released revised guidelines for the "Sub-Mission on Agricultural Mechanization" (SMAM). The amendment significantly increases the subsidy for purchasing agricultural drones by individual farmers to 50% of the cost or Rs 5 Lakh, whichever is lower.
📚 Test Your Knowledge:
Under the revised SMAM guidelines, what is the maximum subsidy amount for individual farmers purchasing drones?
Correct Answer: Rs 5 Lakh