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Overview of PM Kusum Solar Subsidy Scheme
In 2019, the Indian government launched the PM Kusum Solar Subsidy Scheme under the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) initiative. This scheme provides farmers with up to 90% subsidy on solar pump sets, helping reduce their electricity expenses.
To benefit from this subsidy, read the full article for information on the application process and how to avail the benefits.
What is the PM Kusum Solar Subsidy Scheme 2024?
The PM Kusum Solar Subsidy Scheme provides subsidized solar pumps for irrigation. Under this scheme:
- Farmers receive a 60% subsidy on the solar pump cost.
- An additional 30% of the cost is provided as a loan from banks.
- Consequently, farmers only need to pay 10% of the total cost of the solar pump.
- The government’s goal is to replace 1.75 million diesel and petrol pumps with solar pumps initially, followed by focusing on electric pumps. The primary aim is to reduce farming costs, increase farmers’ income, and enhance agricultural productivity.
PM Kusum Solar Subsidy Scheme 2024: Key Details
- Aspect: Details
- Scheme Name: PM Kusum Solar Subsidy Scheme
- Initiated By: Central Government
- Year Launched: 2019
- Objective: Provide subsidized solar pumps for irrigation
- Beneficiaries: All citizens of India
- Application Method: Online
- Official Website: pmkusum.mnre.gov.in
Benefits and Features of PM Kusum Solar Subsidy Scheme
- Reduces agricultural costs by providing subsidized solar pumps.
- Offers up to 90% subsidy on solar pump sets.
- Allows applications for solar pump sets ranging from 0.5 MW to 2 MW.
- Solar pump sets can be used at any time of the day since they do not require grid electricity.
- Excess electricity generated by solar panels can be sold to government or non-government entities.
- Particularly beneficial in areas with electricity shortages or drought conditions.
Eligibility Criteria for PM Kusum Solar Subsidy Scheme
- The applicant must be a permanent resident of India.
- The applicant must have approximately 2 hectares of land per MW.
- If the project is being set up with a developer’s assistance, the developer must have a net worth of ₹1 crore per MW.
Required Documents for PM Kusum Solar Subsidy Scheme
- Aadhaar Card
- Ration Card
- Land documents including Khasra Khatauni
- Bank Passbook
- Declaration letter
- Mobile number
- Passport-sized photograph
How to Apply for PM Kusum Solar Subsidy Scheme
The application process may vary by state but can be completed through a common portal. Follow these steps to apply:
- Visit the official PM Kusum website at pmkusum.mnre.gov.in.
- On the home page, navigate to the menu section and select the State Portal Link.
- Choose your state from the list.
- A new window will open with the application form for the solar pump subsidy scheme. Click on it.
- Fill in all required details in the application form and upload the necessary documents.
- Click the “Submit” button and print the receipt.
- Your application will be reviewed, and your land will be inspected if everything is in order.
- Upon approval, you will need to pay only 10% of the total cost for the solar pump.
- If no application window is available, each state has a separate PM Kusum portal. Apply through your state’s portal.
How to Check Application Status for PM Kusum Solar Subsidy Scheme
- Visit the official PM Kusum Solar Subsidy Scheme website.
- Select your state and click on it.
- In the menu, click on the “Track Application” option.
- Enter your application number and registered mobile number.
- Click “Search” to view the status of your application.
By following these steps, you can apply for and track your application for the PM Kusum Solar Subsidy Scheme effectively.