PM KUSUM Scheme
What Is the PM KUSUM Scheme For?
The initiative also supports India’s goal of achieving 40% of its power capacity from non-fossil-fuel sources by 2030. Programs like solar kusum yojana and pm solar yojana are integral to fostering energy sustainability in rural India while empowering farmers with advanced agricultural tools.
Is PM Kusum Yojana Still Active?
Yes, the PM KUSUM Scheme remains active and has been extended until March 2026 to ensure its widespread implementation. The scheme received a significant budget allocation of ₹19,500 crore in the Union Budget 2022-23, reflecting the government’s commitment to promoting renewable energy through kusum yojana solar pump.
As of March 2022, over 2.28 lakh solar pumps have been installed under the scheme, with ambitious targets still in place. The Ministry of New and Renewable Energy (MNRE) continues to collaborate with state nodal agencies and private stakeholders to meet these targets. Leading manufacturers of solar pumps, such as Morca, are actively participating in the pm kisan solar pump yojana, facilitating access to sustainable energy solutions for farmers.
What Is the Target of the PM KUSUM Yojana?
The PM KUSUM Scheme has set ambitious targets to transform India’s agricultural sector through renewable energy adoption. By March 2026, the scheme aims to:
Component A
Establish 10,000 MW of decentralized renewable energy plants on barren and cultivable land.
Component B
Component C
Overall, the scheme targets adding a renewable energy capacity of 34,800 MW, backed by a central financial support of ₹34,422 crore. Initiatives like pm kusum solar and pradhanmantri kusum yojana contribute to energy and water security for farmers while supporting India’s climate commitments. These targets reflect a comprehensive approach to enhancing sustainability and profitability in agriculture.
What Are the Three Components of PM KUSUM?
Component A
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Component B
Component B
Component C
Involves the solarization of existing grid-connected agricultural pumps. Farmers can use solar power for irrigation and sell surplus energy back to the grid, supported by programs like pradhanmantri kusum yojana and pm solar rooftop yojana.
These components collectively aim to enhance energy access, reduce dependency on fossil fuels, and improve farmers’ income, ensuring the success of the PM KUSUM Scheme.
What Is the Budget of the PM KUSUM Scheme?
The PM KUSUM Scheme has been allocated a significant budget to ensure its successful implementation. The Government of India has approved a total central financial support of ₹34,422 crore, distributed across the scheme’s components. This budget underscores the government’s commitment to fostering renewable energy adoption through initiatives like pradhan mantri solar yojana and kusum solar panel yojana.
Key allocations include ₹19,500 crore in the Union Budget 2022-23, which supports extending the scheme’s timeline and expanding its reach. The funding covers 60% of the costs as subsidies, while 30% is available as loans, leaving farmers to contribute only 10% directly. This model ensures even small-scale farmers can benefit from programs like pm free solar panel yojana.
The robust financial structure and government support make the PM KUSUM Scheme an accessible solution for farmers to switch to clean energy. KUSUM Scheme Benefits include lower electricity costs and reliable solar power for irrigation. PM KUSUM Yojana Details explain how farmers can install solar pumps or solarize existing pumps, offering eco-friendly and cost-effective solutions.
Is PM KUSUM Yojana Only for Farmers?
While the PM KUSUM Scheme primarily targets farmers, its eligibility extends to a wider audience. Eligible participants include:
Individual Farmers: Landowners interested in setting up solar pumps or plants under kisan kusum yojana.
Farmer Groups and Cooperatives: Organizations representing multiple farmers can collectively participate in kusum solar pump yojana.
Panchayats and FPOs: Local governing bodies and Farmer Producer Organizations are encouraged to join the scheme.
Water User Associations: These groups can apply for solar pump installations, ensuring equitable access to water resources.
This broad eligibility fosters inclusivity, ensuring various stakeholders can benefit from programs like the PM KUSUM Scheme, PM KUSUM Solar, and Solar KUSUM Yojana, contributing to sustainable agricultural practices.
What Are the Eligibility Criteria for Farmers to Participate in the PM KUSUM Yojana?
Land Ownership: Farmers must provide valid land ownership documents, such as revenue records or land deeds, to qualify for the kusum solar pump yojana.
Farming Activity: Applicants should actively engage in farming and require irrigation support.
Cooperative Eligibility: Farmer cooperatives and Panchayats can also apply under kisan kusum yojana.
Aadhaar Verification: A valid Aadhaar card is mandatory for identification and authentication purposes.
The inclusivity of the scheme allows even small and marginal farmers to participate, ensuring that they benefit from programs like pm kisan solar pump yojana and kusum solar panel yojana. The financial incentives provided under the scheme, including subsidies and loans, further reduce the entry barriers for eligible applicants
How Is KUSUM Yojana Profitable?
The PM KUSUM Scheme offers several financial and operational benefits, making it a profitable initiative for farmers. Key advantages include:
Farmers can save significantly on fuel costs by replacing diesel pumps with solar-powered alternatives under kusum solar pump yojana.
With 60% subsidy, 30% loan options, and only 10% out-of-pocket expenses, the scheme is financially accessible
Farmers can sell surplus electricity generated by solar plants to DISCOMs, creating an additional income stream through pm kusum solar yojana.
Low Maintenance Costs
Solar pumps require minimal maintenance compared to diesel counterparts, reducing operational expenses.
What Is the Cost of a 5 HP Solar System in the KUSUM Scheme?
For a 5 HP solar pump system under the PM KUSUM Scheme, the cost structure is designed to minimize farmers’ financial burden. The approximate cost is ₹4 lakh, distributed as follows:
Central Subsidy: 60% of the total cost is covered by government assistance under pradhanmantri kusum yojana, amounting to ₹2.4 lakh.
State Support: An additional 30% is covered through loans from financial institutions, amounting to ₹1.2 lakh.
Farmer Contribution: Farmers need to pay only 10% of the total cost, which is ₹40,000.
This cost structure ensures that even small-scale farmers can benefit from the PM KUSUM Scheme, reducing their dependence on diesel and grid electricity. By adopting solar energy through the scheme, farmers can achieve long-term savings, increase productivity, and contribute to environmental sustainability. The affordability and financial support provided make this a transformative initiative for India’s agricultural sector.
The affordability and financial support provided make this a transformative initiative for India’s agricultural sector.
WHAT DOCUMENTS ARE REQUIRED FOR PM KUSUM YOJANA?
Passport Size Photographs: Two recent photographs for documentation purposes.
These documents must be submitted during the application process, either online or offline, through the state nodal agency. Ensuring accurate and complete documentation is crucial for a hassle-free experience under the PM KUSUM Scheme and KUSUM Yojana Solar Pump programs.
STEP BY STEP PROCESS TO APPLY FOR PM KUSUM YOJANA
Online Application Process:
Visit the official pm kusum yojana official website.
Click on the “Online Registration” option.
Fill out the application form with details such as name, Aadhaar number, land records,
and bank account information.
Upload the required documents, including Aadhaar card, land ownership proof, and
declaration form.
Pay the nominal registration fee online.
Submit the application and note the acknowledgment receipt for future reference.
Offline Application Process:
Obtain the application form from the state nodal agency.
Fill in the required details and attach the necessary documents.
Submit the completed form to the designated agency.
Await verification and approval by the agency.
Once approved, the solar pump or power plant will be installed at the specified site.
These streamlined processes ensure easy access to programs like the PM KUSUM Scheme, PM Solar Rooftop Yojana, and KUSUM Yojana Solar Plant, empowering farmers to adopt renewable energy with minimal hurdles.
HOW TO APPLY KUSUM YOJANA ONLINE?
Farmers can apply for the PM KUSUM Scheme either online or offline. Here’s a detailed step-by-step guide:
Visit the Official Website: Access the official PM KUSUM Yojana website at pm kusum.mnre.gov.in.
Register for the Scheme: Navigate to the registration section and create an account using your Aadhaar number and mobile number.
Upload Required Documents: Upload scanned copies of essential documents, such as Aadhaar card, land ownership proof, and a declaration form.
Pay the Registration Fee: Submit the nominal registration fee as applicable for your application type.
The online process ensures transparency and ease of access, enabling farmers to participate in initiatives like kusum yojana solar plant and pm solar panel yojana without visiting government offices.
WHAT ARE THE DIFFERENT COMPONENTS OF THE PM KUSUM YOJANA PRICE LIST?
The PM KUSUM Scheme price list is designed to make solar energy solutions affordable for farmers. Here is a detailed breakdown
| Component | Details | Price Range |
|---|---|---|
|
Component A |
Decentralized Grid-Connected Renewable Energy Power Plants |
₹4 crores per MW |
|
Component B (Pumps ≤ 7.5 HP) |
Standalone Solar Agriculture Pumps |
₹4-₹5 lakhs |
|
Component B (Pumps > 7.5 HP) |
Standalone Solar Agriculture Pumps (Subsidy capped at 7.5 HP) |
₹5-₹7 lakhs |
|
Component C |
Solarization of Grid-Connected Agriculture Pumps |
₹4-₹5 lakhs |
The pricing reflects the government’s commitment to affordability under programs like kusum yojana solar pump and pm kusum solar yojana. Farmers’ contributions are limited to 10%, making these solutions accessible.
WHAT IS THE MAXIMUM REPAYMENT PERIOD FOR PM KUSUM?
The PM KUSUM Scheme offers a flexible repayment period for loans, depending on the type of activity or investment:
Term Loans
Generally repayable within 10 to 15 years, allowing farmers to manage their finances comfortably while benefiting from kusum solar panel yojana.
Short-Term Loans
These are fixed based on the anticipated harvesting and marketing periods for the relevant crops.
The extended repayment timeline ensures that farmers have ample time to repay their loans without financial strain. Additionally, the interest subvention offered under the scheme further reduces the financial burden, making it a sustainable choice for agricultural communities.
WHAT IS THE INTEREST RATE OF THE KUSUM YOJANA LOAN?
The interest rate for loans under the PM KUSUM Scheme is designed to be affordable, ensuring accessibility for farmers:
Term Loans
Calculated as the bank’s Marginal Cost of Funds-based Lending Rate (MCLR) plus 350 basis points (bps).
Short-Term Loans
Typically determined based on the type of crop and market conditions.
Example Calculation:
f the bank’s 1-year MCLR is 8%, the interest rate would be:Interest Rate = MCLR (8%) + 3.5% = 11.5%
This reasonable interest rate, coupled with subsidies under pm solar rooftop yojana and kusum solar pump yojana, ensures affordability for farmers, encouraging the adoption of renewable energy solutions.
WHAT IS THE REGISTRATION FEE FOR PM KUSUM YOJANA?
The PM KUSUM Scheme requires farmers and other eligible participants to pay a nominal registration fee based on the capacity of the solar power plant they intend to install. Here is a breakdown of the fee structure:
1. 0.5 MW Solar Plant: ₹2,500 + GST
2. 1 MW Solar Plant: ₹5,000 + GST
3. 1.5 MW Solar Plant: ₹7,500 + GST
The registration fee applies primarily to Component A of the PM KUSUM Scheme, which focuses on decentralized grid-connected renewable energy plants. For Components B (standalone solar pumps) and C (solarization of grid-connected pumps), there is typically no additional registration fee.The PM KUSUM Scheme requires farmers and other eligible participants to pay a nominal registration fee based on the capacity of the solar power plant they intend to install. Here is a breakdown of the fee structure:
Participants, including individual farmers, cooperatives, and Panchayats, are required to pay this fee during the application process, either online or offline. These fees cover administrative and processing costs under initiatives like kusum solar pump yojana and pm solar panel yojana. Farmers are encouraged to visit the pm kusum yojana official website for the latest updates on fee structures and payment processes.
HOW DO YOU FILL OUT THE KUSUM SOLAR FORM?
Filling out the KUSUM Solar Form is a straightforward process, whether online or offline. Below are the key components of the form and steps to complete it:
PERSONAL DETAILS:
Provide your name, Aadhaar number, and contact information.
LAND DETAILS
Enter details of the land where the solar system will be installed, including land ownership proof and Khasra number.
BANK ACCOUNT INFORMATION
Include your bank account details for subsidy disbursement under kusum yojana solar panel.
PREFERRED COMPONENT
Indicate whether you are applying for Component A, B, or C of the scheme.
DECLARATION
Sign a declaration stating your intent to participate in the scheme and abide by its terms.
For online submissions, visit the PM KUSUM Scheme section on the PM KUSUM Yojana official website, register, and upload scanned copies of the required documents. Offline applicants can collect the form from the state nodal agency and submit it with hard copies of the necessary documents.
WHAT IS THE INTEREST RATE OF THE KUSUM YOJANA LOAN?
The PM KUSUM Scheme has been extended until March 2026, ensuring ample time for farmers and other participants to apply and benefit from its various components. However, individual state nodal agencies may set earlier deadlines for specific projects under kusum yojana solar pump and pm solar rooftop yojana.
WHICH STATES ARE ELIGIBLE FOR PM KUSUM YOJANA?
General States:
1. Andhra Pradesh
4. Karnataka
Special Category States and UTs:
Pricing Differences:
General States: Farmers contribute 10% of the total cost, with 60% covered by the central government and 30% by state governments.
Special States: Farmers contribute 20%, while the central subsidy is 50%, and the state subsidy remains 30%. These variations ensure equitable access to programs like pradhanmantri kusum yojana and kusum solar pump yojana across diverse regions of India.
What Is the PM KUSUM Scheme For?
Rajasthan was the first state to implement the PM KUSUM Scheme and remains a leader in its execution. The state installed the first farm-based solar power plant under the scheme in Bhaloji, Jaipur district. Additionally, Rajasthan has demonstrated its commitment by completing the selection of 623 farmers for installing 722 MW of solar plants in the initial phase.
Rajasthan’s high implementation rate is attributed to proactive measures taken by the state government, including partnerships with DISCOMs and comprehensive awareness campaigns. The Rajasthan Renewable Energy Corporation Limited (RRECL) has played a pivotal role in coordinating efforts and ensuring smooth execution
This early and extensive implementation reflects Rajasthan’s leadership in renewable energy initiatives under kusum yojana solar plant and pm kusum solar pump yojana, inspiring other states to follow its example.
HOW DOES THE PM KUSUM YOJANA CONTRIBUTE TO THE SOCIO-ECONOMIC DEVELOPMENT OF RURAL AREAS?
The PM KUSUM Scheme drives socio-economic progress in rural India by fostering energy independence and supporting sustainable agriculture. Key contributions include:
Economic Growth
Agricultural Productivity
Employment Opportunities
Environmental Sustainability
Energy Security
Reliable solar-powered pumps reduce dependence on erratic grid electricity and diesel fuel.
What Are the Benefits of the PM KUSUM Scheme?
1. Cost Savings: Solar pumps reduce dependency on diesel, lowering operational expenses.
2. Additional Income: Farmers earn revenue by selling surplus solar power to DISCOMs under kusum yojana solar panel.
3. Sustainable Farming: Reliable irrigation supports better crop yields and diversification.
4. Employment Generation: The scheme creates jobs in solar manufacturing, installation, and maintenance.
5. Environmental Benefits: Replacing diesel pumps with solar alternatives reduces CO2 emissions and air pollution.
6. Water Conservation: Solar pumps facilitate efficient water usage in irrigation.
WHAT ARE SOME OF THE OTHER SCHEMES FOR SOLAR PUMPS?
In addition to the PM KUSUM Scheme, several state-level initiatives promote solar pumps in agriculture. These include:
1. CM’s Scheme of Solar Pumps: A state-level initiative offering subsidized solar pumps to farmers.
2. Mukhyamantri Saur Krushi Pump Yojana: Maharashtra’s solar pump scheme focusing on rural electrification.
3. Surya Raitha Scheme: Karnataka’s program encouraging farmers to adopt solar-powered irrigation
4. NABARD Subsidy Scheme: A solar pump subsidy initiative by the National Bank for Agriculture and Rural Development.
5. Punjab Solar Pump Subsidy: A program providing financial assistance for solar pump installations in Punjab.
6. Pardarshi Kisan Seva Yojana: Chhattisgarh’s solar pump scheme aimed at empowering farmers.
7. Haryana Solar Pump Subsidy: Haryana’s initiative to promote solar irrigation systems.
8.Saur Sinchayee Yojana: A solar pump scheme in Madhya Pradesh focusing on water conservation.
9. Mukhyamantri Solar Pump Yojana: Uttar Pradesh’s program encouraging the use of solar-powered pumps.
10. Rajasthan Solar Pump Yojana: Rajasthan’s initiative complementing the PM KUSUM Scheme.
These schemes collectively aim to enhance agricultural productivity and sustainability, supporting the widespread adoption of solar energy in farming.
Frequently Asked Questions
When Was PM KUSUM Launched?
The PM KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) Scheme was launched in 2019 by the Ministry of New and Renewable Energy (MNRE) to promote the use of solar energy in the agricultural sector.
Is PM KUSUM Yojana Fake or Real?
The PM KUSUM Yojana is a real scheme launched by the Government of India to provide financial assistance to farmers for setting up solar power plants and installing solar pumps. It aims to promote the use of solar energy in the agricultural sector and provide a stable source of income to farmers.
What Are the Long-Term Benefits of Integrating Renewable Energy Sources Through the PM KUSUM Yojana?
The long-term benefits of integrating renewable energy sources through the PM KUSUM Yojana include reducing greenhouse gas emissions, enhancing energy security, and promoting sustainable agricultural practices. It also supports the growth of the domestic solar manufacturing sector and reduces the import bill for petroleum products.
How Does the PM KUSUM Yojana Address the Challenges Farmers Face in Accessing Reliable Electricity for Irrigation?
The PM KUSUM Yojana addresses the challenges farmers face in accessing reliable electricity for irrigation by providing financial assistance for the installation of solar pumps and grid-connected solar power plants. This ensures a reliable and renewable source of power for irrigation, reducing the dependence on grid electricity and diesel pumps.
How Does the PM KUSUM Yojana Support the Installation of Solar Pumps and Grid-Connected Solar Power Plants?
The PM KUSUM Yojana supports the installation of solar pumps and grid-connected solar power plants by providing financial assistance in the form of subsidies and loans. The central government provides 60% of the benchmark cost as the Central Financial Assistance (CFA), while the state government provides a 30% subsidy, and the farmer’s contribution is 10% of the total cost.
How Does the PM KUSUM Yojana Promote the Use of Solar Energy in the Agricultural Sector?
The PM KUSUM Yojana promotes the use of solar energy in the agricultural sector by providing incentives for farmers to install solar pumps and grid-connected solar power plants. It also supports the solarization of existing grid-connected agriculture pumps, enabling farmers to use solar power for irrigation and sell excess power to the grid.