PM Kusum Yojana: The Central Government’s PM Kusum Yojana has offered a golden opportunity to thousands of farmers across the country. This will help them break free from electricity and diesel dependency.
Several studies have demonstrated that farmers usually suffer heavy losses chasing fuel and electricity.
Under the PM Kusum Yojana scheme, the state and central governments provide big subsidies to farmers so they can install solar pumps. This will help them irrigate their fields and earn substantial income at the same time by installing solar panels on barren lands.
To set up a 1 MG solar plant, about 4 to 5 acres of land is required. This can be used to generate about 15 lakh electricity units per year. Farmers can sell the generated electricity, resulting in significant earnings.
How much subsidy is available under PM Kusum Yojana?
Under the scheme, the central government offers a subsidy of 45 percent. Subsidies are also offered by state governments, with different proportions in different states. For instance, Haryana government offers a subsidy of 30 percent. This means that a farmer in Haryana can get as much as 75 percent subsidy.
How to apply for subsidy?
Interested farmers who want to install solar water pumping systems can apply online through the saralharyana.gov.in portal. For more information, farmers can visit the official website of the Ministry of New and Renewable Energy (MNRE) at https://mnre.gov.in/. Additionally, they can call the toll-free number 1800-180-3333.
