Punjab agriculture is moving toward modernization, and one of the biggest support programs for farmers is the Chief Minister High Tech Farm Mechanization Program. In February 2026, authorities released an updated approved machinery price list, helping farmers and agricultural service providers make better investment decisions.

This program is designed to provide modern farming machinery through easy financing, allowing farmers to increase productivity while reducing labor costs and crop losses.

In this detailed guide, we explain the updated machinery price list, financing rules, eligibility, benefits, and important instructions farmers must know before applying.

Punjab’s agriculture sector faces many challenges including rising labor costs, water shortages, and increasing production expenses. Many farmers still depend on traditional farming tools, which slow down operations and reduce output.

The government introduced this mechanization program to:

• Promote modern agricultural technology
• Increase crop production efficiency
• Reduce harvesting and sowing time
• Lower post-harvest crop losses
• Provide affordable financing for expensive machinery
• Create employment through machinery service businesses

The scheme supports both individual farmers and agricultural entrepreneurs who provide machinery services to other farmers.

Every year machinery prices change due to exchange rates, import costs, and manufacturing expenses. For financing programs, the government approves official prices so banks and suppliers work under a standard system.

Farmers must remember:

• Only machinery listed in the approved price list qualifies for financing.
• Machines must be purchased from approved suppliers.
• Price limits determine loan amounts.
• Using unapproved equipment can lead to application rejection.

Therefore, farmers planning to apply in 2026 must check the latest approved list before making decisions.

The updated list includes machinery used in sowing, harvesting, irrigation, crop processing, and land preparation.

Combine Harvesters

Combine harvesters are essential for wheat and rice harvesting. These machines reduce labor costs and speed up harvesting operations.

Approved models include:

• Wheat combine harvesters with advanced cutting systems
• Rice combine harvesters designed for wet field operations
• Cabin-equipped harvesters for operator safety and comfort

Prices vary depending on capacity and imported technology features.

Rice Transplanters

Rice transplantation is labor-intensive when done manually. Modern rice transplanters help plant seedlings quickly and uniformly.

The approved list includes:

• Riding type rice transplanters
• Manual assisted transplanters
• Multi-row transplanting machines

These machines significantly reduce labor demand and increase plantation speed.

Baler Machines

Baler machines collect and compress crop residues like wheat straw and rice straw into bundles.

Benefits include:

• Cleaner fields after harvest
• Additional income from straw sales
• Reduced environmental pollution from crop burning

Multiple baler models are included in the approved price list for different farm sizes.

Maize Harvesting Equipment

Maize harvesting equipment is also included for areas growing corn.

Approved machinery includes:

• Maize cob harvesters
• High-capacity corn harvest systems
• Grain processing attachments

These machines reduce crop damage and speed up harvesting.

Silage Harvesters and Grain Dryers

Silage harvesters are important for livestock farmers producing animal feed.

Similarly, grain dryers help farmers protect crops from moisture damage after harvest.

Both machines are included in financing options, especially for livestock and dairy farming regions.

Irrigation Systems

Water efficiency is critical in Punjab agriculture. The updated list includes center pivot irrigation systems for large farms.

Benefits include:

• Automated water distribution
• Water conservation
• Reduced labor requirements
• Better crop uniformity

Farmers with larger land areas can benefit greatly from these systems.

High Power Tractors

Modern tractors with higher horsepower are essential for operating heavy machinery.

The price list includes:

• 100 HP tractors
• 120 HP tractors
• Compatible models for heavy farming operations

These tractors help in land preparation, planting, and hauling.

Planters and Seeders

Modern multi-crop planters help in uniform seed placement, saving time and seeds.

Advantages include:

• Accurate seed spacing
• Reduced seed wastage
• Improved crop yield

Such equipment is now widely used in progressive farming areas.

The machinery program operates through partner banks, mainly the Bank of Punjab, providing easy financing options.

Key financing features include:

• Financing available for approved machinery only
• Up to 80% machinery cost financed by bank
• Farmer contributes minimum 20% cost
• Repayment period around five years
• Grace period allowed before installment starts
• Government covers markup in many cases

This makes expensive machinery affordable for farmers.

Example Financing Calculation

Suppose a farmer wants to buy machinery costing PKR 10 million.

The financing structure would be:

• Farmer pays: PKR 2 million
• Bank finances: PKR 8 million
• Repayment in installments over agreed period

This system allows farmers to upgrade equipment without heavy upfront investment.

Who Can Apply for the Scheme?

The program is open to:

• Individual farmers
• Registered agricultural companies
• Machinery service providers
• Farming cooperatives
• Agri entrepreneurs

Applicants must meet landholding or business criteria set by authorities and banks.

The program provides many advantages:

Increased Productivity

Modern machinery allows timely sowing and harvesting, improving crop yields.

Labor Cost Reduction

Machines replace expensive and scarce labor in peak seasons.

Faster Farm Operations

Work that previously took days can now be completed in hours.

Additional Business Opportunities

Farmers can offer machinery services to nearby farms and earn extra income.

Crop Loss Reduction

Modern harvesting equipment reduces grain damage and wastage.

Important Instructions Before Applying

Farmers must keep these points in mind:

• Always verify supplier approval status.
• Confirm machinery model and price in official list.
• Submit correct quotations to banks.
• Ensure financial documents are complete.
• Attend training sessions if required.
• Avoid purchasing machinery before approval.

Following correct procedures prevents application rejection.

Common Mistakes Farmers Should Avoid

Some common issues seen in previous applications include:

• Selecting unapproved machinery
• Submitting incorrect quotations
• Applying without land or business proof
• Ignoring bank documentation requirements
• Choosing machinery unsuitable for farm size

Careful planning helps avoid these problems.

Punjab agriculture is gradually shifting toward modern technology.

Mechanization helps:

• Improve food security
• Increase farmer income
• Reduce production cost
• Promote export quality crops
• Create rural employment

Programs like this play an important role in agricultural growth.

Government officials indicate continued support for mechanization programs.

Future improvements may include:

• Expansion of machinery categories
• Increased financing limits
• Support for small farmers
• Digital application systems
• Faster approval processes

Farmers are encouraged to adopt modern farming technology to remain competitive.

The CM High Tech Farm Mechanization Machinery Approved Price List February 2026 update provides farmers with a clear opportunity to invest in modern agricultural equipment through affordable financing.

From combine harvesters and balers to irrigation systems and tractors, the program supports nearly every stage of farming operations.

Farmers planning machinery purchase in 2026 should carefully review approved options, prepare financing documents, and choose machinery suitable for their farming needs.

Modern equipment not only improves crop output but also creates additional income opportunities through machinery services.

Adopting high-tech farming tools today can secure better agricultural returns for years ahead.