PM KUSUM Scheme started in 2019. The Government of India is a scheme to help farmers install solar irrigation pumps and solar power plants. This allows farmers to set up solar power stations on their agricultural land and sell the electricity generated to discoms.
PM KUSUM Scheme, Farmers can lease their property to the government for the rent that comes from it. As an alternative, the government offers solar-powered pumps at 60% subsidy. There is an option to either use the electricity domestically or sell it to discoms, both of which farmers can benefit from this scheme.
Due to this solar subsidy scheme offered by the government, barren land, swampy land or remote land owners can avail this scheme. Or lease out their land to interested developers to avail these benefits.
Farmers who take advantage of this can get an income of 60,000 to 1 lakh per year for 25 years by selling the generated electricity. It is also eco-friendly as the project aims to reduce the use of diesel generators and fuel costs.
Pradhan Mantri Kisan Urja Suraksha Yojana Information:
- Nodal Agency- Ministry of New and Renewable Energy Government of India
- Name of the Scheme– Pradhan Mantri Kisan Urja Suraksha Avem Uttha
- Mahabhiyan Subsidy Structure– Central Government: 30%, State Government: 30%, Farmers: 40% Loan tenure- 30 years
- Annual Earnings– Rs.1,00,000 per annum
- Official Website– pmkusum.mnre.gov.in
Benefits of MNRE Solar Subsidy Scheme
PM-KUSUM Scheme aims to promote environment friendly activities. Also this scheme can efficiently utilize this scheme for agricultural and domestic needs. As such it aims to increase the income of farmers.
As such it aims to increase the income of farmers. Now this PM KUSUM program is structured into three different sections and all these sections are within the reach of the farmers. As such it is in accordance with the directions issued by the Government.
Eligibility and documents required for PM KUSUM scheme:
The beneficiaries of this scheme should mainly be land owners, with the highest preference for those who own land in rural or off-grid locations.
Further, the property should be within 5-kilometer of an electricity substation.
As for the required documents, those who wish to apply include proof of land ownership, any existing lease agreements, bank account details, Khasra Khatauni number which is a legal land document, proof of address, recent passport size photograph, self declaration statement, proofs.
How to Apply for PM Kusum Solar Subsidy?
- Farmers who want to participate in Pradhana Mantri Kusum Yojana can apply online.
- You will find state wise categorized application link for PM KUSUM scheme on the site.
- After accessing the site, applicants should select their preferred option.
- Complete the application by entering all the required information and attach the necessary documents.
- It is important to review the application thoroughly before finalizing your application for submission.
- Once submitted, an acknowledgment message including registration number will be sent, confirming successful enrollment.
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