PM Kusum Scheme
PM Kusum Scheme | |
---|---|
Type of project | Irrigation scheme |
Country | India |
Prime Minister(s) | Narendra Modi |
Launched | March 2019 |
Status | Active |
Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) Yojana was launched in March 2019 by the Government of India to increase the income of farmers and provide sources of irrigation and de-dieselization the agricultural sector.[1][2] To receive the benefit of this scheme farmers need to install solar irrigation pumps for cultivation. Under this scheme, the government of India will provide 60% subsidy on the total cost of solar irrigation installed pumps to the farmer. [3][4]
Objective
[edit]The objective of the scheme is to:
- Decrease dependence on Diesel for irrigation
- Reduce cost of irrigation by use of solar pumps
- Provide water and energy security to farmers
- Reduce pollution
The PM-KUSUM scheme of the Government of India is one of the largest initiatives in the world to provide clean energy to more than 3.5 million farmers. It solarizes agricultural pumps and provides up 10 GW distributed solar projects to the farmers. The scheme plans to set up 30.8 GW of solar capacity by December 31, 2022, through the financial assistance of INR 340.35 billion (US$4.65 billion).[5]
Implementation
[edit]![GovIndia](http://upload.wikimedia.org/wikipedia/commons/thumb/8/84/Government_of_India_logo.svg/220px-Government_of_India_logo.svg.png)
The scheme is divided into three components:[6][7]
- Component A: Install grid-connected ground-mounted solar power plants (up to 2 MW) aggregating to a total capacity of 10 GW.
- Component B: Install 1.75 million standalone solar pumps.
- Component C: Solarize 1 million grid-connected agricultural pumps.
All components of the KUSUM Scheme combined would support the installation of the additional solar capacity of 30.80 GW.
Under Kusum Yojana, a group of farmers, panchayats, and cooperatives can apply to install solar pumps. The total cost included in this scheme is divided into three categories in which the government will help the farmers.[5] The government will provide a 60% subsidy to the farmers, and 30% of the cost will be given by the government in the form of a loan. Farmers will only have to pay 10% of the total cost of the project. Farmers can sell electricity generated from solar panels. The money earned by selling electricity can be used to start a new businesses.[8][9]
References
[edit]- ^ "Budget 2020: Major focus on PM KUSUM scheme to help farmers generate income from solar power - ET EnergyWorld". ETEnergyworld.com.
- ^ "Budget 2020: Govt expands PM KUSUM scheme for solar pumps, targets to cover 20 lakh farmers" – via The Economic Times.
- ^ "bhartyojana.in -". 2024-06-28. Retrieved 2024-07-02.
- ^ Peter, Carlo. "PM Kisan Status Check Aadhar Card". Retrieved 21 August 2023.
- ^ a b "PM KUSUM SCHEME 70 PERCENT GOVERNMENT SUBSIDY OFFERED FOR INSTALLING SOLAR PUMPS". pib.gov.in.
- ^ Mishra, Richa. "PM-KUSUM will shine when implemented fully". @businessline.
- ^ "Govt. expands scope of PM-KUSUM for harnessing solar energy by farmers". November 13, 2020 – via www.thehindu.com.
- ^ "Gujarat announces new solar policy | Ahmedabad News - Times of India". The Times of India.
- ^ "Maharashtra Cabinet: Final nod to PM's solar pump scheme on hold". January 14, 2021.