< Back to all clusters
[BUSINESS] · India · 2 sources

started · updated

PM-KUSUM scheme provides solar pump subsidies for farmers

The PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan) scheme provides financial assistance and subsidies to farmers for installing solar pumps to reduce irrigation costs. By utilizing solar energy, farmers can decrease their dependence on expensive diesel and irregular electricity supplies.

Under the scheme, both central and state governments provide financial support, though specific subsidy percentages and eligibility criteria vary by state and pump capacity. Beyond reducing costs, the scheme offers potential for additional income; farmers can install solar plants on barren or fallow land and sell excess electricity back to the grid, depending on state policies.

Beneficiaries have reported monthly savings of approximately 400 to 500 rupees by transitioning from diesel and grid electricity to solar-powered irrigation. To apply, farmers must typically provide identification, land ownership documents, and bank details through official state or central portals.

Entities

Government of India · PM-KUSUM