Solar Pump Yojana 2020: Get 90% Subsidy for Installing Agricultural Pumps; Application Procedure Explained
Government has been encouraging farmers towards Solar Energy by initiating different schemes. The registration process for the central government’s ambitious Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM-KUSUM) has already started in many states which aims to provide agricultural solar pumps with 90% subsidy.
Government has been encouraging farmers towards Solar Energy by initiating different schemes. The registration process for the central government’s ambitious Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM-KUSUM) has already started in many states which aims to provide agricultural solar pumps with 90% subsidy. The official website of PM KUSUM is finally opened and the government has requested the farmers to apply through online mode. PM KUSUM 2020 aims to provide around 20 Lakhs solar pumps across the nation to eradicate all the water problems of farmers.
As per reports, the Solar Pump Yojana has been gearing up with full swing in the state of Rajasthan and Uttar Pradesh. Moreover, the Solar Pump Yojana which promises to fulfil the irrigation and water problems by providing a 90% subsidy to the farmer for setting up pump sets has been expanded to cover 20 Lakh farmers across the nation this year, said Finance Minister Nirmala Sitharaman during her 2020 budget speech.
New Features of PM KUSUM 2020
*Government aims to distribute 27.5 Lakh solar water pumps amongst farmers.
*17.5 Lac pumps will be installed off-grid to aid irrigation needs of farmers to remote locations.
*Farmers can sell surplus solar power generated off-grid to DISCOMS to earn Rs. 60,000 annually per acre.
*10 Lacs pumps will be installed in locations where the grid is available along with solarisation of existing pumps.
*Grid-connected solar power plants of up to 2MW capacity each will be installed in rural areas.
Target to install 15 thousand solar water pumps
The department aims to install 15,000 off-grid solar water pumps in the state of Haryana. The Haryana department aims to provide 75 per cent subsidy to solar pumps.
How to Apply Online for Solar Pump Yojana 2020?
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Visit the official website of PM KUSUM 2020
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Click Here
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Or Click Here https://www.onlinekusumyojana.co.in/
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Then fill all necessary information on the website including the address and email id.
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Select solar power megawatt, state and district.
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After successful submission of all information, you will receive a message from the department.
Subsidy Structure of Solar Scheme
Under the scheme, the farmer will get subsidy on new and improved solar-powered pumps. The farmers will have to spend only 10% of the total expenditure to acquire an install a solar pump and 60% cost will be handled by govt and the remaining 30% will be taken care of by the bank as credit.
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Central Government |
60% of the total cost as Subsidy |
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Banks |
30% of the total cost as Loans to Farmers |
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Farmers |
10% of the Total Cost |
What is the Eligibility for PM Kusum Yojana 2020?
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Applicants should be a farmer and should have a valid Aadhaar Card on his name.
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Farmers must also hold a valid bank account.
Important Documents for Solar Pump Yojana 2020
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Adhaar Card
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Bank Account
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