In an effort to promote sustainable agriculture and reduce farmers' electricity and diesel expenses, the government has launched the PM Kusum Scheme which provides free agricultural pumps to farmers. Experts suggest crowd-financed loans as a viable option for farmers to obtain solar-powered pumps which have long-term benefits. With the central government setting a target for Haryana to install 22,000 solar pumps, applicants can avail of up to 75% subsidy for irrigation.
PM Kusum Scheme: Empowering Farmers with Sustainable Agriculture
Background
In an era where sustainable practices are crucial, the Indian government has implemented the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM Kusum Scheme) to promote sustainable agriculture and reduce farmers' electricity and diesel expenses. The scheme aims to install solar-powered irrigation pumps, solar power plants, and agricultural equipment to enhance farmers' productivity and reduce their reliance on fossil fuels.
Key Features of the Scheme
Haryana's Target for Solar Pumps
The central government has set a target for Haryana to install 22,000 solar pumps. Eligible applicants can avail of up to 75% subsidy for irrigation, making it an attractive option for farmers.
Top 5 FAQs and Answers
1. Who is eligible for the PM Kusum Scheme? Farmers with agricultural land and access to grid electricity can apply for the scheme.
2. How can farmers apply for the scheme? Farmers can apply through the state nodal agencies or online portals designated by the government.
3. What is the subsidy amount under the scheme? The subsidy varies depending on the pump capacity and the state. Typically, farmers can receive up to 75% subsidy.
4. How can farmers obtain solar-powered pumps with crowd-financed loans? Farmers can partner with financial institutions or crowd-funding platforms to obtain loans for solar-powered pumps.
5. What are the benefits of solar-powered pumps for farmers? Solar-powered pumps reduce electricity and diesel expenses, increase crop yields, improve farm resilience, and contribute to environmental sustainability.
Past Events Related to the Scheme
The PM Kusum Scheme is a significant initiative towards empowering farmers and promoting sustainable agriculture in India. By providing free and subsidized solar-powered pumps, the government aims to reduce farmers' energy expenses, enhance their productivity, and contribute to the nation's environmental goals.
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