Now farmers can earn double the amount with the help of the new PM-KUSUM scheme, know-how

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Farmers can double their income under the PM-KUSUM scheme

In India, where most people depend on agriculture, modern equipment is needed to revolutionize agriculture. By using solar energy, farmers can run their agricultural machinery and increase their productivity. Crops can be grown with the help of solar panels, which also increases agricultural yields. Farmers can sell the excess electricity generated by solar panels to DISCOM, which can provide them with a source of additional income. The government offers subsidy schemes (PM-KUSUM) to encourage the installation of solar power plants, making them affordable for farmers.

What is the PM-KUSUM scheme?

Now farmers can double their income with the help of the new PM-KUSUM program.
Source: Difful Solar Pumps

The central government provides subsidy to farmers to install solar pumps through the PM-KUSUM scheme. State governments also provide financial support, making it possible to install solar power plants at a low cost. Farmers can lease their land for solar panels and grow crops under it at the same time, which can increase their economy.

Farmers can get up to 90% subsidy for installing solar pumps from 2 to 5 hp. The initiative aims to reduce pollution and lower energy costs for farmers. By installing solar panels, farmers can earn from the electricity produced and by leasing their land. The government has mandated a minimum net worth of ₹1 crore to ₹5 lakh per MW for commercial establishments involved in solar projects.

Irrigation is a very important part of agriculture and farmers have always been dependent on pumps that run on fossil fuels, which are expensive and polluting. The PM-KUSUM program addresses this problem by promoting the use of solar pumps, which significantly reduces pollution and energy costs. Farmers can get sufficient subsidy (up to 90%) for installing solar pumps, which will not only reduce their energy costs but also reduce pollution. The scheme aims to benefit 3.6 million farmers across the country, which will also increase their productivity and sustainability.

Setting up profitable solar power plants under PM-KUSUM scheme

now-get-upto-90-subsidy-under-new-pm-kusum-solar-pump-scheme
Source: PV Magazine

Farmers can apply for a PM-KUSUM scheme both online and offline. They can also lease their land to set up a solar power plant so that they have the necessary documents for the process. Farmers get many financial benefits after installing solar power plants. For this, farmers have to purchase solar energy equipment from suppliers registered with DISCOM.

Before installation, feasibility tests are carried out and then the net metering system is integrated to calculate the electricity produced and consumed. Solar power plants provide pollution-free energy production, reducing the carbon footprint. This reduces dependence on fossil fuels and lowers electricity bills. This scheme not only helps farmers get more profit from their land, but also contributes to saving the environment.

Also see: Now you get huge subsidy when buying solar energy from Waaree, know the great offers

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