PM-KUSUM promotes solar energy in agriculture by helping farmers install solar pumps and sell surplus solar power to discoms. Launched March 2019; extended to March 2026. Three components: A (solar power plants on barren land), B (standalone solar pumps), C (solarization of grid-connected pumps). Budget: ₹34,422 crore. Target: 30.8 GW solar capacity from agriculture.
Target Beneficiaries: 35+ lakh farmers; particularly rain-fed/diesel pump users; barren land owners selling solar power
34422
Funding Ratio (Centre:State): 30% Central Subsidy; 30% State Subsidy; 40% Farmer Contribution (Bank loan up to 30% possible)
GS Paper: GS3
Syllabus Tags
Launched in 2019 to provide energy security to farmers and promote the use of renewable energy in the irrigation sector.