Make farming simple, 90% subsidy on solar pump, know the application process #News PM Yojna

PM Kusum Solar Subsidy Scheme 2024: PM Kusum Solar Subsidy Scheme has been started by the Central Government for farmers. With this, farmers will get the benefit of 90 percent subsidy i.e. up to Rs 35 lakh.
The Government of India keeps bringing schemes for farmers because India is an agricultural country and even today 60% of the people give priority to agriculture. Today we will discuss this scheme in practical detail.

Under the Pradhan Mantri Kusum Solar Subsidy Scheme launched by the Central Government, farmers are provided up to 90% subsidy for installing solar irrigation pumps. More than 35 lakh farmers will benefit from this scheme. The application process has started under this scheme due to which farmer brothers do not need to use fuel or electricity-powered irrigation pumps. By taking advantage of the solar pump under this scheme, you can not only get rid of your electricity and fuel costs but can also protect the environment.

The main objective of the Pradhan Mantri Kusum Solar Subsidy Scheme is to make farmers self-reliant and provide them with an affordable, sustainable and eco-friendly source of energy. Through this scheme, farmers will be provided with solar pumps and relief from electricity and fuel costs. If you are a farmer and want to install solar pumps in your fields, then first make sure that you meet all the eligibility criteria of the scheme. In this article, we will provide you complete information about PM Kusum Solar Subsidy Scheme 2024, including benefits, objectives, eligibility, required documents and application process of the scheme.

What is PM Kusum Solar Subsidy Scheme 2024?

Pradhan Mantri Kusum Solar Subsidy Yojana is an important initiative launched by the central government for farmers. Under this scheme, farmers can apply to get solar pumps installed in their fields. The government provides 90% subsidy for these solar pumps while farmers have to bear only 10% of the cost. This subsidy is applicable for solar pumps ranging from 2 horsepower to 5 horsepower. The government aims to benefit more than 35 lakh farmers through this scheme.

In the first phase of the scheme, the government plans to modernize 17.5 lakh diesel and petrol pumps into solar pumps. This will reduce dependence on petrol and diesel and farmers will get the benefit of free electricity which will give them relief from fuel and electricity bills. If you want to take advantage of this scheme, then it is important to apply as soon as possible.

What is the objective of PM Kusum Solar Subsidy Scheme 2024?

The main objective of the Pradhan Mantri Kusum Solar Subsidy Scheme is to provide better irrigation facilities to farmers and reduce fuel consumption. Farmers in dry areas face great difficulty in irrigation and due to the high cost of diesel pumps it becomes difficult for them to afford it. Keeping this issue in mind, the government has launched the Kusum Solar Subsidy Scheme to help farmers get free electricity and increase their income by irrigating their crops.

What are the components of PM Kusum Solar Subsidy Scheme 2024?

There are mainly four components under this scheme:

1. In the first phase, the government will distribute solar pumps to the beneficiaries, in which the central government and the power sector will play an important role.
2. The government will install solar power plants to generate sufficient electricity.
3. Tubewell connection will also be provided for power generation.
4. Under this scheme, old fuel pumps will be replaced with new solar pumps.

Hence, Pradhan Mantri Kusum Solar Subsidy Scheme is a comprehensive initiative to provide affordable and sustainable irrigation facility to farmers through solar energy.

Benefits of PM Kusum Solar Subsidy Scheme

There are many major benefits that farmers get under the Pradhan Mantri Kusum Solar Subsidy Scheme:

• Farmers who want to install solar pumps on their farms can get irrigation pumps at special prices through this scheme.
• All the farmers of the country benefit from this scheme.
• Under the Pradhan Mantri Kusum Solar Subsidy Scheme, farmers get up to 90% subsidy for irrigation pumps, while only 10% of the cost is borne by the farmer.
• In the first phase, there is a plan to convert 17.5 lakh diesel-powered irrigation pumps to solar energy.
• This will save fuel and lead to sustainable development of solar energy.
• Megawatt power generation is also possible under this scheme.
• Farmers can easily do irrigation without worrying about the increase in diesel prices.

PM Kusum Solar Subsidy Scheme Application Fee

Farmers who want to install solar pumps in their fields have to pay an application fee of Rs 5000 per megawatt plus GST to apply under the PM Kusum Solar Subsidy Scheme. The payment will be in the form of a demand draft in the name of the Managing Director, Rajasthan Renewable Energy Corporation.

Farmers eligible for Pradhan Mantri Kusum Solar Subsidy Scheme

• Farmers Group
• Co-operative Societies
• Water Consumers’ Organisation
• Farmer Producer Organisation
• All the farmers in the country

Documents required for PM Kusum Solar Subsidy Scheme

• Aadhar card
• Address proof
• Bank passbook
• land related documents
• mobile number
• Ration Card
• Copy of registration
• Authority letter etc.

How to apply for PM Kusum Solar Subsidy Scheme 2024?

If you want to apply under PM Kusum Solar Subsidy Scheme, then follow the step-by-step procedure given below:

1. The first is the Pradhan Mantri Kusum Solar Subsidy Scheme official website Keep going.
2. Select your state on the home page of the website.
3. Click on “Online Registration” option.
4. Fill the required details in the application form like name, address, Aadhaar number, mobile number, etc.
5. Scan and upload all the important documents.
6. Click on the “Submit” button and print the registration receipt and keep it safe.

After completing this process, your application form will be reviewed and the land will be physically tested. If you are eligible for the scheme, a solar pump will be installed on your farm.

How to check status in PM Kusum Solar Subsidy Scheme 2024?

1. First of all visit the official website of PM Kusum Solar Subsidy Scheme.
2. Select your state and click on it.
3. Click on the ‘Track Applications’ option in the menu area.
4. Next, you will be asked to enter your application number and registered mobile number.
5. After entering both the numbers, click on ‘Search’.
6. On clicking, the status of your application will appear on your screen.

Frequently Asked Questions

How much is the solar subsidy in 2024?

In 2024, the government has increased the subsidy on solar panels so that more people can take advantage of it.

• The subsidy for solar panel systems up to 1 kilowatt has been increased from ₹18,000 to ₹30,000.
• A subsidy of Rs 60,000 has been given for 2 kilowatts.
• A subsidy of ₹78,000 has been provided on a 3 kW solar panel system.

Till when was the PM Kusum Yojana extended?

By 2024, 17.5 lakh irrigation pumps will run on solar energy in the first phase of the Kusum project, reducing the use of diesel. Agricultural production will increase as fields will be irrigated with solar pumps. The project will also enable the generation of additional electricity in megawatts.

What is the cost of 1 Megawatt in PM Kusum Yojana?

The Ministry of New and Renewable Energy, Government of India has set the funding requirement under the following three components, which are descriptive:

• Component A: Rs. 3.50 crore per megawatt.

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