PM Kusum Yojana- Farmers Can Double Their Income, Get Upto 45% Subsidy & Many Other Benefits: Know The Details
The PM Kusum Yojana emerges as an all-round solution to the challenges faced by farmers in India. By providing subsidies for solar pump installation, the government aims to reduce the financial burden on farmers and enhance their income & agricultural productivity.
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To enhance the income of farmers and promote eco-friendly agriculture, the central government has introduced the Pradhan Mantri Kusum Yojana. This comprehensive scheme aims to provide financial assistance to farmers by offering subsidies for the installation of solar pumps. The primary objective is to reduce the burden of electricity and fuel expenses on farmers while enhancing their income through efficient means.
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Objective of PM Kusum Yojana:
Farmers often face rising expenses related to electricity and oil, impacting their overall income. To tackle this challenge, the PM Kusum Yojana was initiated, focusing on minimizing farmers' expenditures on electricity. The scheme encourages farmers to install solar pumps with government subsidies, generating electricity that can be used for irrigation purposes and other farming needs.
Eligibility for Installing Solar Pumps:
To be eligible for the subsidy under the PM Kusum Yojana, farmers need to possess 4 to 5 acres of land. This land size is crucial, as it generates up to 15 lakh electricity units annually. Farmers, besides fulfilling their agricultural requirements, can also earn additional income by selling surplus electricity.
Subsidy Details:
The central government offers a substantial subsidy of 45 per cent of the total expenditure incurred by farmers under the PM Kusum Yojana. This financial support is important in making the scheme an effective tool for increasing farmers' income and promoting economical agricultural practices.
Required Documents for Application:
For farmers interested in availing the benefits of the PM Kusum Yojana, the following documents are essential:
- Aadhar card
- Ration card
- Bank account passbook
- Mobile number linked to Aadhaar
- Land documents
- Passport size photo
Also Read: 50% Subsidy on 2WD Tractors Under SMAM: Full Details, 2 Lakh Subsidy, & Know Last Date
Application Process:
Farmers can easily apply for the PM Kusum Yojana through the farmer portal of their respective states. Alternatively, applications can be submitted via the official website of the Ministry of Energy. A toll-free helpline is available at 1800-180-3333 for those seeking assistance or information.
Impact on Farmers' Income:
The government envisions doubling farmers' income by implementing the PM Kusum Yojana. The scheme not only addresses the financial challenges faced by farmers but also promotes sustainable and eco-friendly practices through the adoption of solar energy.
Promoting Agriculture in Barren Lands:
A notable aspect of the PM Kusum Yojana is its focus on enabling farming in barren lands. Through the installation of solar pumps, farmers can utilize unproductive land for cultivation, contributing to increased agricultural output and overall economic growth.
The Pradhan Mantri Kisan Kusum Yojana emerges as an all-round solution to the challenges faced by farmers in India. By providing subsidies for solar pump installation, the government aims to reduce the financial burden on farmers, enhance agricultural productivity, and promote sustainable practices. As farmers embrace this opportunity, the PM Kusum Yojana not only contributes to the growth of the agricultural sector but also helps with the broader national goal of overall development.
Also Read: Exciting Opportunity: Under SMAM, Avail 50% Subsidy or 11 Lakh Full Subsidy on Combine Harvesters