PM Kusum Yojana 2023: Check Benefits, Online Registration

In a written statement to the Lok Sabha, the Union Minister of New Renewable Energy provided the current status of the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan, PM Kusum Yojana

The Indian government launched the flagship PM Kusum Yojana in 2019 with the main goal of revolutionizing the agriculture sector by encouraging solar energy solutions. For ten years, the Union Budget 2018–19 has allocated a total of Rs. 48000 crores for this scheme.

The Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM KUSUM) scheme is one of the biggest programs in the world to give more than 3.5 million farmers in the nation access to sustainable energy. The Indian government introduced the program with the goal of giving farmers additional finances, delivering irrigation supplies, and de-dieseling the agriculture industry. In March 2019, the Kusum Solar Yojana received administrative clearance, and in July 2019, rules were prepared. The program is managed by the Ministry of New and Renewable Energy (MNRE), which also has plans to install solar pumps and other new power facilities around the nation.

Components of PM Kusum Yojana:

The Pradhan Mantri Solar Yojana consists of three components:

1. Component A:

Installing ground-mounted solar power plants (up to 2 MW) that are connected to the grid with the goal of eventually aggregating to a 10 GW capacity Every plant can accommodate 500 KW to 2 MV.

2. Component B:

A total of 1.75 million independent solar pumps with a maximum individual capacity of 7.5 HP would be installed, costing Rs. 17.50 lakh.

3. Component C:

Financial support of Rs 10 lakh is being provided for the solarization of one million 7.5 HP grid-connected agricultural pumps.

PM Kusum Yojana Objective (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan)

The PM Kusum Solar Yojana’s primary objective is to provide farmers all throughout the nation with easy access to state-of-the-art technology and all the resources needed for the successful de-dieselization of the agricultural sector, especially irrigation. Due to their ability to provide safe, clean energy, the solar pumps included in this project will help the farmers of this nation implement an improved, more effective, and efficient irrigation system. Other than that, the energy power grid included in the proposed pump sets in the proposal can produce more energy than equivalent pump sets powered by diesel. In order to boost their income, farmers can also directly sell their excess energy to other government bodies and entities.

Key Benefits of the Kusum Yojana (Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan)

The Pradhan Mantri Kusum Solar Yojana was introduced with the intention of benefiting all of its stakeholders significantly. The government intends to build and deploy solar power facilities with a combined capacity of over 28,250 MW for power generation. The government will lend thirty percent of the total cost and subsidy sixty percent of it. Farmers will profit from these actions because they will only have to pay 10% of the total cost of installing solar plants and solar pumps. The government will provide subsidies for the installation of cutting-edge solar pumps with a capacity of up to 720 MV in accordance with the terms of the scheme.

Other related features of the Pradhan Mantri Kusum Yojana consist of:

1. Farmers will be able to sell the extra electricity that they produce.
2. A reliable source of income for rural landowners who can utilize their unused, barren land for over twenty-five years.
3. Farmers will be allowed to continue cultivating different crops even after the solar plants are installed because they will appear above a minimal height on cultivable lands.
4. The Kusum Yojana promotes the use of renewable energy sources while guaranteeing that pollution on farms is reduced through environmentally friendly farming practices.

What are the Qualifying Categories for the KUSUM Yojana—Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan?

• An individual farmer
• A group of farmers
• FPO or Farmer producer organization
• Panchayat
• Co-operatives
• Water User Associations

What Procedures are Required in Applying for the KUSUM Yojana—Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan?

• Applying for the Kusum Solar Pump Yojana is possible for those who meet the requirements listed below:
• Visit the official website and select the “Register” section.
• Complete the registration form with all the necessary information as it displays on your screen.
• After checking the declaration box, press “Submit.”
• Click “login” to access the Solar Agricultural Pumpset Subsidy Scheme 2021 after registering.
• Complete the online application form with all relevant information, attach the required supporting documentation, and click submit.

Document Required for PM Kusum Yojana

• Aadhar card
• A land document including Khasra Khatauni
• A bank account passbook
• A declaration form
• Mobile number
• Passport-size photo

The Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) Yojana requires you to deposit 10% of the total cost of installing a solar pump to the service provider or supplier that the relevant GOVT Department has designated and sent after you successfully complete the online application process.

PM Kusum Yojana: Important Recent Improvements:

1. Extension of Scheme Duration:

The PM-KUSUM has been extended through March 31, 2026, in order to encourage farmers to adopt solar energy solutions across the nation.

2. State-Level Tendering:

In order to improve efficiency and streamline the procedure, standalone solar pump purchases are permitted through state-level tendering.

3. Approved in the PSL and AIF Guidelines:

The Agriculture Infrastructure Fund (AIF) and Priority Sector Lending (PSL) Guidelines of the Reserve Bank of India (RBI) now include the solarization of pumps under PM-KUSUM, which makes it easier for farmers to obtain funding.

Important Link

Conclusion : 

The Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan PM Kusum Yojana offers farmers all throughout the nation the advantages of farming with solar energy, in addition to speeding up the use and production of solar electricity. The government has allocated Rs. 48000 crores over a ten-year period in the Union Budget 2018–19 for this scheme.