PM KUSUM Yojana: 12 Crore Worth Subsidies Provided on Solar Pumps, Registration to Start Soon

A total of Rs 12 crore subsidies have been provided to 415 farmers over the past 2 years to discourage diesel generator sets and promote use of renewable energy for Irrigation. Haryana government is providing a 75% subsidy is on offer for installing solar pumps

Under the Pradhan Mantri Kisan Urja Suraksha & Utthan  Mahabhiyan Yojana (PM KUSUM) started by the new & renewable energy department, subsidies worth Rs 12 Crore have been provided to 415 farmers who have applied since 2019. Additional Deputy Commissioner Vishram Kumar Meena said that this scheme will ensure an uninterrupted power supply at cheap cost, besides reducing the carbon footprint in the farm sector. 

Under PM KUSUM Yojana, Modi government offers subsidies to buy solar pumps for agriculture purposes. The farmers can get solar pumps of different horse powers (3,5,7.5 and 10 HPs) available in the range of Rs 43000 and Rs 1.15 Lakh. The government will launch the next phase of the scheme within coming few weeks.  

Rameshwar Singh, district project officer, renewable energy, said, “The benefit of the scheme is being provided on a first come first basis, the application can be filed online through the saral portal. It is also necessary for the farmers to have family identity cards. They have to select government empanelled agencies and the due amount will be deposited with the application form online or through challan”. 

To promote the use of Solar energy, the Central and State Governments are constantly introducing new schemes (Government Schemes). Under the government schemes, solar panels are being provided at cheaper prices for setting up solar plants.

The farmers will get subsidies on new and improved solar-powered pumps. You can take a loan for this from the SME branch of many banks. This scheme will help farmers to generate electricity for their tubewells.