PM Kusum Yojana 2023 is a government-backed scheme that aims to promote the use of solar energy in the agricultural sector. The scheme was launched in 2019 and has since been extended to 2023. The objective of the scheme is to provide financial assistance to farmers for setting up solar pumps, solar panels, and other solar-powered equipment to reduce their dependence on diesel and grid electricity. Here is a comprehensive guide to PM Kusum Yojana 2023 and its benefits.
Benefits of PM Kusum Yojana 2023
- Reduced Cost: The use of solar-powered equipment reduces the cost of irrigation, as it is a one-time investment that saves on the recurring cost of diesel and grid electricity.
- Environmental Benefits: Solar energy is a clean and renewable source of energy that reduces greenhouse gas emissions and helps to combat climate change.
- Income Generation: The use of solar-powered equipment enables farmers to generate additional income by selling surplus power to the grid.
- Water Conservation: Solar pumps are more efficient than diesel pumps and can help conserve water by optimizing the use of water resources.
Eligibility Criteria for PM Kusum Yojana 2023
- Farmer: The scheme is open to all farmers, including individual farmers, farmer producer organizations (FPOs), and cooperatives.
- Land Ownership: The farmer should own or lease agricultural land for setting up the solar equipment.
- Bank Account: The farmer should have an active savings bank account.
- Capacity: The capacity of the solar pump should not exceed 7.5 HP.
- Subsidy: The scheme provides a subsidy of up to 50% of the cost of setting up solar pumps and panels.
How to Apply for PM Kusum Yojana 2023
- Visit the official website of PM Kusum Yojana 2023.
- Click on the ‘Apply Now’ button.
- Fill in the required details, such as name, address, bank account details, and type of solar equipment required.
- Upload the necessary documents, such as land ownership documents and bank account details.
- Submit the application.
Conclusion
PM Kusum Yojana 2023 is an excellent initiative by the government to promote the use of solar energy in the agricultural sector. The scheme provides financial assistance to farmers for setting up solar-powered equipment, which reduces the cost of irrigation and conserves water resources. The eligibility criteria are straightforward, and the application process is hassle-free. By availing of the benefits of the scheme, farmers can reduce their dependence on diesel and grid electricity and generate additional income by selling surplus power to the grid.
