PM Kusum Yojna

PM KUSUM Yojna, by Government Of India

PM Kusum Yojna

What is PM KUSUM Scheme:

The Government of India launched the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) initiative to install solar pumps, grid-connected solar, and other renewable power plants across the nation. In order to boost farmers’ income, provide them with a source of irrigation water, and de-dieselize the agricultural industry as a whole.

There are 3 schemes in the PM-KUSUM Yojna.

In order to implement the prog, State Nodal Agencies (SNAs) of MNRE will work with the States/UTs, Discoms, and farmers.

Up until December 31, 2019, Components A and C of the Scheme were used as the pilot program. The ongoing sub-program Component B will be fully implemented without first passing through pilot mode. Components A and C of the Scheme will be ramped up following a successful trial run, subject to receiving the appropriate authorisation.

Component A:

  • In accordance with this strategy, workers will erect 10,000 MW of decentralised, grid-connected renewable energy generating plants on wasteland.
  • Farmers, cooperatives, groupings of farmers, panchayats, Water User Associations (WUA), and Farmer Producer Organizations (FPO) will be able to set this grid network (FPO).
  • These solar power projects will be set up within a radius of 5 km of the sub-station.

Component B:

  • Farmers would receive assistance under this program to build standalone solar agriculture pumps worth Rs. 17.50 lakh.
  • The new pumps will be able to replace conventional diesel agriculture pumps with 7.5 HP of power.
  • Although the capacity can be greater than 7.5 HP, only up to 7.5 HP will be financially supported.

Component C:

  • The goal of this program is to solarize 10 lakh agriculture pumps that are connected to the grid. Individual farmers will receive assistance in solarizing their own grid-connected pumps.
  • The Distribution Companies of India (DISCOMs) would purchase extra solar energy at a predetermined price.
  • The generated solar electricity will be used to power the irrigation demands of the farmers.

What is the Scheme Benefits and from where to get the updates about PM-KUSUM Yojna?

By utilizing their dry/uncultivable land, the project will provide rural landowners with a steady and ongoing source of revenue over a 25-year period. Additionally, if solar power plants are installed on cultivated fields, the farmers might continue to grow crops as the solar panels would be installed above a certain height.

The scheme would make sure that there is enough locally generated solar or other renewable energy-based power to provide rural load centers and farm pump-set loads, which mostly use electricity during the day.

MNRE has an official website from where you can get all the details of the PM-KUSUM Yojna (https://pmkusum.mnre.gov.in/landing.html)

  • The Indian government started building solar power facilities with a combined capacity of 28,250 MW.
  • A loan for 30% of the entire cost will be provided by the government, which will also subsidise 60% of the cost. As a result, only 10% of the entire cost of installing solar plants and solar pumps is borne by our farmers.
  • According to the KUSUM Scheme’s specifications, our government will offer subsidies for the installation of cutting-edge solar pumps. They enhance irrigation because of their 720MV capacity.
  • This program gives our farmers the chance to sell the surplus power the plants produce directly to our government. This guarantees the potential for our farmers’ incomes to rise.
  • A landowner in a remote location can obtain a reliable source of income by implementing solar plants on uncultivated, bare land for 25 years.
  • In territories suitable for cultivation, the solar plants will be erected above a minimum height. Our farmers will be able to continue farming as a result after the plants have been installed.
  • The KUSUM Scheme makes sure that more renewable energy is used, which reduces pollution in fields and creates a pathway for environmentally sustainable farming.

PM KUSUM Yojna frauds:

MNRE has noted that there are many fake websites and mobile applications asking for money as the registration fee for the PM-KUSUM Yojna. These fake websites have .in and .org in their domain name to make them look official. They ask the applicants to pay for the registration and for the solar pump. Sometimes they also ask for the transportation fee.

But MNRE does not ask for any fee for the transportation or for the pump. If you come across any of these websites or a person, please contact MNRE and tell them about this fraud.

Subsidy for PM-KUSUM Yojna:

The maximum subsidy offered under this scheme is up to 60% provided to farmers. An additional 30% of the cost will be offered in the form of loans. Therefore, farmers will have to submit only 10% of the cost. Most financial institutions like private and public sector banks, and regional rural banks offer loans to farmers under this scheme.

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