In 2016, the subsidy policy for the purchase of agricultural machinery was implemented nationwide. In addition, the Ministry of Agriculture and the Ministry of Finance launched the subsidy policy for the abandonment and renewal of agricultural machinery in 17 provinces and municipalities in 2016.
1. Agricultural Machinery Purchase Subsidy Policy
In 2016, the subsidy policy for the purchase of agricultural machinery was implemented in all agricultural and animal husbandry counties (farms) throughout the country. The subsidy targets are individuals directly engaged in agricultural production and agricultural production and operation organizations. The subsidy categories are 11 categories, 43 categories and 137 categories. Each province can determine the specific subsidy types according to the actual situation. In the implementation of the subsidy policy for agricultural machinery purchase, autonomous purchase of machines, settlement at the county level and direct compensation to the card (household) are implemented. The subsidy standard is determined by the provincial competent department for Agricultural Mechanization in accordance with the regulations. It is not allowed to discriminate between similar products produced by enterprises inside and outside the province. The subsidy amount of the central financial funds for general machines does not exceed 50,000 yuan; the subsidy amount for milking machines and dryers does not exceed 120,000 yuan; the subsidy amount for large tractors with more than 100 horsepower, high-performance green feed harvesters, large no-tillage seeders, large combine harvesters and large-scale programmed control equipment for soaking and germination of rice does not exceed 150,000 yuan. The subsidy for tractors above 200 horsepower is not more than 250,000 yuan; for large sugarcane harvesters, the subsidy for single machine is not more than 400,000 yuan; and for large cotton harvesters, the subsidy for single machine is not more than 600,000 yuan.
2. Pilot Policy of Subsidies for Abandonment and Renewal of Agricultural Machinery
In 2016, the Ministry of Agriculture and the Ministry of Finance continued to carry out the pilot work of agricultural machinery scrapping and renewal subsidies in 17 provinces (cities and districts) such as Jiangsu. Those provinces that have not yet carried out the pilot work can decide whether to carry out it independently. Non-pilot provinces are encouraged to carry out the pilot work in combination with their actual conditions and speed up the elimination of old agricultural machinery. Agricultural machinery scrap and renewal subsidy is linked up with agricultural machinery purchase subsidy and implemented synchronously. The types of scrap subsidy machines are tractors and combine harvesters that have been registered with the agricultural machinery safety supervision agency and have reached the scrap standard or exceeded the scrap life. The subsidy standard for agricultural machinery scrap renewal is determined according to the types and types of scrap tractors and combine harvesters. The subsidy amount for tractors varies from 500 yuan to 110,000 yuan according to the horsepower section, and for combine harvesters, it varies from 3000 yuan to 18,000 yuan according to the amount of feeding (or the number of harvesting rows).
Source: Soil drift network