PM Kusum Scheme 2023: Benefits, Subsidy, Components, How to Apply & FAQs

PM Kusum Scheme 2023: The Indian government launched the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM) Yojana to provide sources for irrigation and de-dieselizing the agricultural sector, as well as to increase farmers’ incomes. The PM-Kusum plot got regulatory endorsement in Walk 2019 and rules were ready in July 2019. The Ministry of New and Renewable Energy (MNRE) launched the plan to build solar pumps and other new power plants all over the country.

Overview of Pm Kusum Scheme 2023

One of the largest initiatives in the world, the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM)  program run by the Indian government aims to provide clean energy to over 3.5 million farmers by solarizing their agriculture pumps and allowing farmers to build up to 10 GW of distributed solar projects. Through funding of INR 340.35 billion (US$4.65 billion), the scheme intends to install 30.8 GW of solar capacity by December 31, 2022.

Name of Scheme

PM Kusum Yojana

Launched by

Former Finance Minister– Arun Jaitley

Ministry

Ministry of Agriculture & Energy

Beneficiaries

Country farmers

Major Benefit

Providing Solar irrigation pump

Scheme Objective

Solar Irrigation pumps at Discounted prices

Scheme under

State Government

Components of PM-KUSUM Scheme

There are three parts to the scheme. which are further discussed. The installation of grid-connected ground-mounted solar power plants (up to 2 MW) with a total capacity of 10 GW is the goal of component A of the PM-KUSUM scheme. Component B aims to install 2 million standalone solar pumps, and component C aims to solarize 1.5 million grid-connected agricultural pumps. All of the KUSUM Scheme’s components, taken together, would support the addition of 30.80 GW of solar capacity.

Who is the eligible for KUSUM Scheme?

  1. A group of farmers
  2. Panchayat
  3. An individual farmer
  4. Water User Associations
  5. FPO or Farmer producer organization
  6. Co-operatives

Benefits of the KUSUM Scheme?

  1. Government initiated the construction of solar plants that can generate of 28,250 MW of power.
  2. The Indian Government will subsidise 60% and provide a loan of 30% of the total cost.
  3. The solar plants will be set up above a minimum height in cultivable lands.

How to Apply for the PM KUSUM Scheme 2023?

  1. Go to the official website of PM KUSUM – pmkusum.mnre.gov.in. and click
  2. After you can go on the registration section.
  3. Fill in the registration form with all the required details.
  4. Check the box of declaration and click on “submit”.
  5. After registering, click on “login” for Solar Agricultural Pumpset Subsidy Scheme 2023.
  6. Provide all information in the application form, attach all the supporting documents, and submit.

Frequently Asked Questions about KUSUM Scheme

Q1. When was the PM Kusum scheme launched?

A. The Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM Kusum scheme) was launched in 2019.

Q2. What is the aim of the PM KUSUM Scheme?

A. The KUSUM Scheme aims to promote the use of renewable energy in the agricultural sector.

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