Jiangsu: The highest subsidy for scrapping tractors with 20 horsepower or less has been increased from 1000 yuan/unit to 1500 yuan/unit.

Jinshi data, September 4th news, Jiangsu Province promotes the implementation plan of ultra-long-term special national debt funds to support the replacement of old for new consumer goods. Among them, it is proposed to support the highest subsidy standard for scrapping tractors below 20 horsepower from 1000 yuan/unit to 1500 yuan/unit; the scrapping and new purchase of the same type of combine harvester, planter and other farm machinery, the scrapping subsidy standard is increased by 50% on the original basis. Combined with the actual situation of the province, the subsidy for scrapping and updating of grain dryers and other farm machinery is determined to be 30% of the existing purchase subsidy amount, and the subsidy for scrapping a single farm machinery should not exceed 20,000 yuan in principle.

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