The Centre will provide subsidised solar agriculture pump sets to farmers under the PM Kusum Yojana. A primary objective of Kusum Yojana 2021 is to provide farmers with advanced technology for generating electricity. Farmers will benefit from these solar pumps in two ways: they will be able to produce electricity and assist with irrigation.
The Centre allocated Rs. 1,000 crore for the successful implementation of PM Kusum Yojana in the Union Budget 2021-22.
Kusum Yojana: Free Solar Pump Scheme
Farmers using solar pumps will be able to sell their electricity to the states’ power distribution units and earn a profit under the Kusum scheme.
It is believed that the PM Kusum Yojana will play a major role in doubling the income of farmers despite the fact that the scheme was implemented earlier. The Ministry of Renewal under the central government is planning to extend the program until 2021-22 and 2022-23.
How to Apply Online for Solar Pump
To get a free solar pump in this PM Kusum Yojana of the central government, farmers will have to apply online on the scheme’s official website (mnre.gov.in). Farmers can easily apply for Kusum Yojana from this website.
The Cabinet Committee on Economic Affairs has approved the launch of Kisan Urja Suraksha and Utthan Mahabhiyan. Kusum Yojana 2021 will provide financial and water security to the farmers. Kusum Solar Pump Scheme online application form is available at mnre.gov.in.
PM Kusum Yojana Latest Update
Through various schemes, the government has encouraged farmers to use solar energy. In several states, the central government’s PM-KUSUM registration has begun, which aims to provide 90% subsidy for agricultural solar pumps.
PM KUSUM 2020 aims to provide around 20 lakh solar pumps throughout the country to solve all the water problems of farmers. Reports indicate that the solar pump scheme is in full swing in Rajasthan and Uttar Pradesh.
Subsidy for Solar Pump
Under PM Kusum Yojana, the farmer will get subsidy on new and better solar powered pumps. Farmers will have to pay only 10% of the total cost to install the solar pump, 60% of the cost will be paid by the government, and 30% will be borne by the bank.