Renting farm equipment as easy as renting a cab

As the people living in urban states order cab at any point of the day just through a phone call, similarly now farmers can hire farm equipment by just making a call. There are many farmers in the rural areas of Punjab who have a limited landholding, and due to which they are unable to take out space to keep huge farming and agriculture machineries.

Renting farm equipment as easy as renting a cab

To solve their problem, the government is taking up efforts with the help of various authorities to help farmers in hiring tractors and other agricultural equipment very easily. The ownership rights of that particular machinery will be transferred to the drivers, who will e one of the landless farmers of various villages. A pilot project of this facility has been initiated in Fazilka and Muktsar districts by the National Bank for Agriculture and Rural Development. Here the farmers just need to make a call to hire farm implements, and this will be a great help for farmers who cannot afford these expensive machineries.

The bank is getting a very positive response with this new facility, and therefore they are even planning to launch the same in other districts, like, Faridkot, Ferozpur and Moga by the end of this year. NABARD has sanctioned an amount of Rs. 25 lakh for this facility and has associated with Fazilka based, Jawala Bhai Nathu Ram Trust to help in implementing this facility amongst the farmers of the area.

The trust will be spending Rs. 22 lakh out of this amount in purchasing pre-owned implements and the rest of Rs. 3 lakh would be used in training the drivers who will be using these. They have been running this in Fazilka since a few years and have been receiving a good response from the farmers. The farmers can just call the call center of the trust to avail this facility, and the rent coming in from offering this service, will be divided amongst the trust and the drivers. As the drivers will be paying some part of their income to the trust, to settle in the cost of the equipment, once that is settled, the ownership of the same will be transferred under their name.

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