𝐇𝐈𝐌 𝐏𝐋𝐔𝐒

📝Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM KUSUM): 🌱Launched in: 2019 🌱Launched by: Ministry of New and Renewable Energy 🌱This scheme of the Government of India is one of the largest initiatives in the world to provide clean energy to more than 3.5 million farmers. 🌱The scheme plans to set up 30.8 GW of solar capacity by December 31, 2022, through the financial assistance of INR 340.35 billion. 🌱The government has extended PM-KUSUM scheme till March 2026. 🌱 Budget Allocation to this scheme - Rs 1996 Crore sиαρσnє🌱 📃Major objectives of PM KUSUM: 🌱De-dieselization of the farm sector 🌱Providing water and energy security to farmers 🌱Increasing the income of farmers 🌱Curbing environmental pollution sиαρσnє🌱 📑Features of the scheme: 🌱In the beginning, the central government had a plan to distribute 1.75 million off-grid agricultural solar pumps. 🌱Barren lands of the farmers will be used to install about 10000 MW of solar pumps. 🌱Additional electricity generated from these pumps can be sold to the state electricity distribution companies called DISCOMs. 🌱The farmers will be able to get a subsidy of 60% for buying solar pumps. This amount will be transferred as a direct benefit transfer (DBT) to their respective bank accounts. 🌱The subsidy amount will be shared by the central and state governments. 🌱30 % of the remaining amount will be given as a loan to the farmers. 🌱Thus, only 10% of the amount will have to be borne by the farmers. sиαρσnє🌱 📄Components of PM KUSUM: 🌱Component A: 10,000 MW of Decentralized Ground Mounted Grid Connected Renewable Power Plants of individual plant size up to 2 MW. 🌱Component B: Installation of 17.50 lakh standalone Solar Powered Agriculture Pumps of individual pump capacity up to 7.5 HP. 🌱Component C: Solarisation of 10 Lakh Grid-connected Agriculture Pumps of individual pump capacity up to 7.5 HP.

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