A comprehensive overview of PM Kusum Yojana 2023, an initiative enabling farmers to capitalise on solar power, ensuring increased profits and sustainable futures. Discover how this scheme is changing lives.
With a vision to bolster the Indian agrarian economy, the Central Government introduces progressive policies periodically. PM Kusum Yojana, a revolutionary programme, is one such endeavour that capitalises on solar energy for efficient farming. This initiative encourages farmers to transition to solar pumps, ensuring economical irrigation and a significant increase in their crop yield and consequently, their income.
Understanding the Perks of PM Kusum Yojana
The Energy Ministry launched PM Kusum Yojana in 2019, offering an appealing subsidy to farmers for switching to solar pumps. A combination of central and state governments and other financial establishments contribute to this subsidy, which can reach up to 90% of the cost. This initiative reduces dependence on electricity and diesel for farming, thus curbing costs and promoting profitability.
Enrolling in the PM Kusum Yojana
Interested farmers can apply for the programme through an online form available on the official government portal. The application entails furnishing pertinent documents such as Aadhar card, land records, a declaration form, and bank account information. This streamlined process facilitates nationwide participation in the initiative.
Reaping the Rewards of PM Kusum Yojana
PM Kusum Yojana offers more than just cost-efficient farming. It opens up a new avenue for farmers to earn by selling surplus electricity. While solar pumps irrigate the fields, they can also generate excess electricity that can be sold to power distribution companies. This feature introduces an additional source of income for farmers, boosting their earnings and promoting sustainability.
PM Kusum Yojana is indeed a groundbreaking step towards incorporating solar power into India’s agricultural practices. The programme’s promise of substantial financial support and a profitable, sustainable future is already leaving a lasting impact on the lives of countless farmers across the nation.
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