Update, Farmers will get a Subsidy of Rs 2.66 Lakh under Kusum Yojana

Kusum Yojana For the installation of solar irrigation pumps, the Central Government is providing a 90% subsidy under the PM Kusum Solar Subsidy Scheme. It is our goal to help over 35 lakh farmers through this program, and we are happy to inform you that the application process has begun. Thanks to the government's Kusum Solar Subsidy Scheme, farmers can now benefit from solar pumps without using gasoline or electricity-powered irrigation pumps. Bills for electricity and gasoline will also be reduced as a result.

First, confirm if you are eligible for this program if you are a farmer and wish to put solar pumps in your fields. Everything you need to know about the PM Kusum Solar Subsidy Scheme, including its definition, benefits, goal, eligibility requirements, necessary paperwork, and application procedure, is covered on this page. If you want to benefit from this program, you must read this post to learn everything there is to know about it.

What is the PM Kusum Yojana?

Subsidy for Kusum Yojana The central government introduced the Yojana, a significant program for all farmer brothers. wherein farmer brothers can submit applications to have solar pumps set up in their fields. Only 10% of the cost of this solar pump must be paid for by the farmers themselves; the remaining 90% is subsidised by the central government. For solar pumps of two to five horsepower, this subsidy amount is provided. Let us inform you that the government hopes to use this program to help over 35 lakh farmers.

In the first phase, the government plans to upgrade 17.5 lakh pumps that run on petrol and diesel and replace them with solar pumps. In other words, farmers who currently rely on petrol and diesel-powered irrigation pumps will now be able to use solar energy to power their pumps. In addition to receiving free electricity, this will relieve them of the expense of fuel and electricity bills. We would like to inform you that you must apply for this plan as soon as possible if you wish to participate.

Key Facts of PM Kusum Yojana 2024

What is the objective of PM Kusum Solar Subsidy Yojana?

The Pradhan Mantri In addition to giving farmers access to adequate irrigation systems, the Kusum Yojana Subsidy Yojana is an ambitious program designed to curb rising fuel usage. Let us tell you that farmers have a very difficult time irrigating their land in arid regions. In addition, diesel pumps have grown so costly in recent years that not all farmers can afford to purchase them and pay for the fuel expenses. The national government launched the Kusum Solar Subsidy Scheme in response to this issue, allowing farmers to get free electricity to irrigate crops and so boost their income.

What are the components of the PM Kusum Solar Subsidy Yojana?

Under the PM Kusum Yojana Subsidy Scheme, there are primarily four components. The specifics of these are as follows:

• Distribution of Solar Pumps: The federal government and the electricity department will be crucial in the government's successful distribution of solar energy pumps to the recipients during the program's first phase.
• Building of a solar power plant: The government will also build a solar power plant in order to generate enough electricity.
• Tubewell Connection: In order to generate a specific quantity of power, a tubewell connection will also be provided.
• Modernisation: New solar pumps will take the place of outdated fuel-powered pumps under this plan.

Benefits of PM Kusum Solar Subsidy Yojana

The following are some of the several advantages that farmer groups receive under the PM Kusum Solar Subsidy Scheme:

• Under this program, farmers who wish to put solar pumps in their fields can purchase irrigation pumps at a discounted rate.
• Every farmer in the nation benefits from this program.
• We would like to inform you that under the PM Kusum Solar Subsidy Yojana, farmers receive up to 90% of the cost of irrigation pumps at no cost to them.
• 17.5 lakh irrigation pumps that currently run on diesel will be powered by solar energy in the first phase of this project.
• This will reduce fuel use and promote the sustainable growth of solar power.
• Additionally, this technique may generate megawatts of electricity.
  Farmers won't have to worry about growing diesel costs, and irrigation projects will go without a hitch.

What is the application fee for PM Kusum Solar Subsidy Yojana?

We would like to inform farmers interested in installing solar pumps in their fields that, in order to apply for the PM Kusum Solar Subsidy Scheme, they must pay an application fee of Rs 5000 per megawatt and GST for the solar power plant. This fee will be paid in the form of a demand draft under the name of the Rajasthan Renewable Energy Corporation's managing director. Refer to the following table for additional details:

Eligibility Criteria

• The candidate needs to live in India.
• Applications for solar power plants with a capacity of 0.5 MW to 2 MW are accepted under the program.
• For each megawatt, the applicant should own roughly two hectares of land.
• In accordance with his land or the capacity announced by the Distribution Corporation, the applicant may request up to 2 MW of capacity.

Required Documents

• Aadhar card
• Authorization Letter
• Bank passbook
• Identification Card
• copy of land jamabandi
• Passport size photo
• Net worth certificate issued by a Chartered Accountant
• Address proof
• Mobile number and other required documents

How to apply for PM Kusum Solar Subsidy Yojana 2024?

The detailed steps to apply for the PM Kusum Solar Subsidy Scheme are provided below for farmers who wish to do so:

• First and foremost, farmers had to go to the PM Kusum Solar Subsidy Scheme's official website. https://pmkusum.mnre.gov.in/ is the direct URL to it.
• You can view the official website's home page by first choosing your state.
• Click on the "Online Registration" option after making your decision.

The scheme's application form will appear when you click; carefully fill it out with the following details:

• Name
• Address
• Aadhaar Number
• Mobile number etc.
• Once all the information has been filled out, scan and upload the necessary papers.
• Click the "Submit" button once the file has been uploaded.
• Your registration receipt should then be printed and stored securely.
• Following this, your application form will be examined, the land will be physically tested, and the PM Kusum Solar Subsidy Scheme application procedure will be successfully finished.
• A solar pump will be built on your farm if you are determined to be eligible for the program's advantages.

Impact of Kusum Yojana on Farmers and the Environment

a) Increased Agricultural Productivity

Even during dry seasons, farmers benefit from increased production and more consistent harvests when they have access to dependable irrigation power.

b) Enhanced Financial Stability

Farmers can create a financial cushion by selling excess solar electricity to the grid, which provides a backup source of revenue.

c) Environmental Benefits

Kusum Yojana promotes a more sustainable agricultural ecosystem by lowering carbon emissions and supporting India's renewable energy ambitions by reducing reliance on fuel.

Conclusion

Kusum Yojana is a transformative scheme for India’s agricultural sector, encouraging sustainable energy practices, improving farmer income, and supporting national environmental goals. By providing subsidies and easy loan access, the government has made solar power accessible to a large number of farmers. With continued support and innovation, Kusum Yojana can play a pivotal role in India’s journey towards a greener, more energy-independent future.