Pradhan Mantri Kisan Urja Surakshaevam Utthaan Mahabhiyan Yojana (PM-KUSUM Scheme) was launched in March 2019 by the Ministry of New and Renewable Energy (MNRE), to subsidize farmers to install solar irrigation pumps for cultivation. Each farmer will receive a 60% subsidy.
Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan Scheme For Farmers. - Introduction
Pradhan Mantri Kisan Urja Surakshaevam Utthaan Mahabhiyan Yojana (PM-KUSUM Scheme) was launched in March 2019 by the Ministry of New and Renewable Energy (MNRE), to subsidize farmers to install solar irrigation pumps for cultivation. Each farmer will receive a 60% subsidy to set up tube wells and pump sets. They will also get 30% of the total cost as a loan from the Government.
The primary objective of the PM KUSUM Scheme is to make cutting-edge technology available to our farmers and provide sources for de-dieselized irrigation to the agricultural sector. The main objectives of this scheme are:
- The solar pumps assist our farmers in much more effective and eco-friendly irrigation as these are capable of generating safer energy.
- In addition, the pump sets comprise an energy power grid that generates more energy than diesel-driven pumps. Farmers will be able to sell the extra power to our Government directly to enhance their income.
KUSUM Scheme comprises 3 components that have different features:
Component A: Install a total of 10GV grid-connected stilt-mounted decentralized solar plants and other renewable energy-based power plants. Each plant is sized up to 500KW to 2MV.
Component B: Install stand-alone solar pumps of up to 7.5HP individual capacity and worth 17.50 lakh.
Component C: Provide financial support to Solaris 10 lakh grid-connected agricultural pumps of 7.5HP of capacity each.
Eligibility
The eligible categories for KUSUM Scheme are:
- An individual farmer.
- A group of farmers.
- FPO or Farmer producer organization.
- Panchayat.
- Co-operatives.
- Water User Associations.