10 Key Points on PM Kusum Yojana: Get 60% Subsidy on Solar Pumps, Book Now & Generate Your Token Quickly!

The PM Kusum Yojana is an initiative aimed at providing subsidies to farmers for installing solar pumps, enabling them to access proper irrigation facilities for farming. Implemented by various state governments across India, including Uttar Pradesh, this scheme aims to empower farmers by reducing their dependency on traditional energy sources and promoting sustainable agricultural practices. Here's a simple breakdown of the process in 10 points:

10 Key Points on PM Kusum Yojana

Objective:

The primary objective of the PM Kusum Yojana is to facilitate the adoption of solar energy in agriculture. By providing subsidies for solar pumps, the scheme aims to enhance agricultural productivity while minimizing the environmental impact.

Subsidy Percentage:

Under the PM Kusum Yojana in Uttar Pradesh, farmers are eligible for a subsidy of 60% on solar pumps ranging from 3 HP to 10 HP. This subsidy significantly reduces the financial burden on farmers for installing these pumps.

Booking Process:

To avail of the subsidy, farmers need to book solar pumps through the official website of the scheme (www.agriculture.up.gov.in). During the booking process, farmers are required to deposit a token amount of Rs 5,000 to confirm their registration.

Target Allocation:

The scheme sets a target for the distribution of solar pumps across the state. In Uttar Pradesh, a target of 30,000 solar pumps has been set for the fiscal year 2023-24, with the distribution being carried out in phases.

Also Read: UP Govt to Distribute Subsidized Solar Pumps to 54,000 Farmers Under PM-KUSUM, Know Last Date & Price

Selection Criteria:

Solar pump distribution is done on a first-come, first-served basis, up to 110% of the district's target limit. Farmers who meet the eligibility criteria and complete the booking process in time are selected to receive the subsidy.

Loan Facility:

While the subsidy covers a significant portion of the cost, farmers can avail themselves of bank loans to cover the remaining amount. Additionally, farmers may be eligible for interest rebates on loans as per the rules of the Agricultural Infrastructure Fund.

Boring Requirement:

To be eligible for the subsidy, farmers must have their own boring for water supply. The borewell specifications vary depending on the HP capacity of the solar pump, ranging from 4 inches for 2 HP pumps to 8 inches for 7.5 HP and 10 HP pumps.

Installation Guidelines:

Farmers must adhere to specific guidelines for installing solar pumps, including the depth of the borewell and the suitability of the submersible pump according to water levels. Once installed, the pump's location cannot be changed without consequences.

Also Read: Punjab to Distribute Farmers with Subsidized 90,000 Solar Pumps for Agricultural Tasks

Verification Process:

After booking, farmers undergo a verification process to ensure compliance with the scheme's requirements. Failure to meet these requirements may result in the forfeiture of the token amount.

Beneficiary Impact:

The PM Kusum Yojana has had a positive impact on farmers, enabling them to access reliable irrigation facilities powered by renewable energy. By reducing dependency on grid electricity and diesel pumps, farmers can lower operational costs and increase agricultural productivity sustainably.

In conclusion, the PM Kusum Yojana offers a valuable opportunity for farmers to transition to solar-powered irrigation systems with significant subsidies and support. By understanding the process and fulfilling the requirements, farmers can harness the benefits of clean energy while contributing to sustainable agricultural development.

Also Read: Compact Solar Pump Subsidy 2024-90% Bumper Subsidy For Farmers: Application Process in Detail