The Pradhan Mantri Kisan Urja Suraksha even Utthan Mahabhiyan (PM KUSUM) Scheme for farmers to establish solar pumps and grid-connected solar and other renewable power plants in the country has been announced by the Ministry of New and Renewable Energy (MNRE). With a total central financial support of Rs. 34,422 crores, including service charges to the implementing agencies, the project seeks to install solar and another renewable capacity of 25,750 MW by 2022.
The KUSUM Scheme’s goal
The government intends to add 25,750 MW of solar power through this scheme by 2022. This initiative will receive a total investment of Rs. 34,422 crores from the central government.
The KUSUM Scheme’s Objectives
Farmers, cooperative organizations, farmers-cooperative groupings, and panchayats can apply for solar pumps under the scheme. The entire cost of implementing the initiative is so low that it has no financial impact on the farmers. The whole cost is broken down into three parts:
- 60 percent subsidy from the government will be given to farmers.
- 30% of the funding in the form of low-interest loans will receive by farmers.
- Farmers will be responsible for 10% of the real cost.
PM-KUSUM Scheme Components-
The KUSUM scheme is made up of three basic components:
Component A — The initiative aims to add 10,000 megawatts of renewable energy by constructing individual renewable power plants of up to 2 megawatts. These power plants will be decentralized, ground-based, and grid-connected. These will be built on the desolate ground within a 5-kilometer radius of the sub-station.
Component B – To install 17.50 lakh independent off-grid Solar Powered Agriculture Pumps, each having a capacity of up to 7.5 horsepower. It’s designed to take the place of conventional diesel pumps. A farmer can build a higher-capacity pump, but only a 7.5 HP agriculture pump will receive financial aid.
Component C – To solarize 10 lakh on-grid or grid-connected agriculture pumps, each with a capacity of up to 7.5 HP. The surplus electricity generated by these facilities will be sold to the DISCOMs on a pre-determined tariff basis.
For the next 25 years, the initiative seeks to give farmers and rural landowners a steady and consistent income. The barren or uncultivated area will be put to good use. Solar panels are set at a height that does not interfere with farming on cultivated ground.
The close proximity of the projects to substations ensures low transmission loss to DISCOMS while delivering a consistent supply of electricity to agricultural areas during the day. It will help farmers transition away from diesel, which is a win-win situation for the environment and the economy.
The KUSUM plan was created to help farmers earn more money and lessen their reliance on diesel. The plan uses desolate terrain in rural areas as well as cultivable fields to generate renewable energy. Farmers’ financial burden is maintained to a minimum thanks to government financial assistance, both state and federal. The KUSUM program has the potential to significantly enhance the rural economy and farmers’ economic conditions.
The following groups are eligible for the KUSUM Scheme:
- An Individual farmer.
- A group of farmers.
- The Farmer Producer Organization (FPO)
- Associations of Water Users.
How to apply-
- Visit the official website and navigate to the registration section.
- Complete the registration form on your screen with all of the essential information.
- Select the declaration box and click “submit.”
- After registration, go to the Solar Agricultural Pump set Subsidy Scheme 2021 page and select “login
- Fill out the online application form completely and accurately, attach all supporting documents, and submit.
Documents Required to Apply for the KUSUM Scheme
- Aadhar card
- A land document including KhasraKhatauni
- A bank account passbook
- A declaration forms
- Mobile number
- Passport size photo
For further inquiry click on the link: https://www.godigit.com/guides/government-schemes/pm-kusum-scheme
Also read: Top 5 Government Schemes to fund your New Business