The KUSUM scheme was organised by our respected Prime Minister for the benefit of the people. The Ministry and the Renewable Energy (MNRE) established the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) scheme in 2019 to help the farmers with the structure of solar pumps, grid-connected solar and other renewable power plants across the country. So basically, in this article, you will get a piece of brief information about the KUSUM Scheme, the features of the KUSUM scheme and lastly, the benefits of the KUSUM scheme. The scheme comprising all three components aims to install a total solar capacity of 25,750 MW by 2022.
The Prime Minister, the Cabinet Committee on Economic Affairs, has launched Kisan Urja Suraksha evam Utthaan Mahabhiyan -KUSUM to provide financial and water security to the farmers. Has been approved to do so.
The PM-KUSUM scheme seeks to ensure energy safety for the farmers in India. It also plans to honour India’s dedication to raising the share of installed electric power capacity from non-fossil fuel sources to 40% as part of Intended Nationally Determined Contributions (INDCs) by 2030.Â
The PM-KUSUM scheme plans to add solar and other renewable capabilities of 25,750 MW by 2022 with the major economic support of Rs.34,422 crore, including service charges to the implementing agencies. This plan is valid till 31 December 2022.
Under this scheme, the central government will provide financial assistance of Rs 34,422 crore.
For Component B and Component C, Central Financial Assistance (CFA) will be provided for 30 per cent of the benchmark or tender cost, whichever is less.
The state government will give a contribution of 30 per cent, and the farmers will bear the remaining 40 per cent. Assistance can also be obtained from banks for 30 per cent of the cost. The remaining 10 per cent cost will be provided by the farmer.
50 per cent of central financial assistance will be provided to the North Eastern States, Sikkim, Jammu and Kashmir, Himachal Pradesh, Uttarakhand, Lakshadweep and Andaman-Nicobar Deep Clusters.
Component A: Connecting renewable energy plants to 10,000 MW of decentralised grids built above ground.
Component B: Installation of 17.50 lakh solar-powered agricultural pumps.
Component C: Solarisation of one million solar-powered agricultural pumps connected to the grid.
Many states in India are drought-affected. Due to this, the farmers cultivating there have to suffer a lot. Given the difficulties of the farmers, the Central Government has started Prime Minister Kusum Yojana. The main objective of Kusum Yojana is to provide free electricity to the farmers of the country. Under this scheme, the farmers are given the facility of solar panels for irrigation. Farmers will get double benefits through Kusum Yojana, and their income will also increase. So basically, you have got a brief idea about the KUSUM scheme and the features of the KUSUM scheme and the benefits of the KUSUM scheme too.