Not AvailableThe farm mechanization helps in reducing cost of cultivation and improves farm productivity, thus facilitate realizing the goal of doubling of farmer income by 2022. An assessment of credit potential for farm mechanization in Telangana state of India has been made. The potential for farm mechanization in the state was worked out based on the cultivated area (irrigated and rainfed) and farm power requirement as also the existing farm power availability and need for replacement of existing sources of farm power. First, district wise credit potential was worked out and these were aggregated to assess the state level credit potential for farm mechanization. In total, 20020 tractors, 4320 power tillers, 550 combined harvestors, 1050 crop specific Custom Hiring Centres, 660 Paddy transplanters, 1462 Paddy threshers, 1851 Maize shellers, 851 Multi crop threshers and 39206 Other equipment (Primary and secondary tillage equipment, rotavators, straw balers, chaff cutters and plant protection equipment, etc.) were estimated to be required. Further, the potential for credit support involving bank loan of Rs. 213723.81 lakh has been assessed for farm mechanization in Telangana state. It was found that there is immense potential for financing of tractors (large, medium and small/mini horse power), power tillers, rotavators, Paddy transplanters, Paddy straw balers, threshers, combine harvesters and other equipment, etc. The scope for supporting crop specific Custom Hiring Centres, 1050 in number with credit support of Rs. 11063.07 lakh was identified. The critical infrastructure gaps and interventions required to improve the level of farm power availability were identified. This paper presents an overview of the potential available and the road map for farm mechanization sector to realize the goal of doubling of farmer’s income by 2022 for the benefit of planners and policy makers as well as banks, NBFCs and prospectiveNot Availabl
