PM Kusum Yojana 2022 | PM Kusum Yojana Complete Details | PM Kusum Yojana Latest News | Josh Money

PM Kusum Yojana 2022 | PM Kusum Yojana Complete Details | PM Kusum Yojana Latest News | Josh Money

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In this video of Josh Money, Aastha Sethi is talking about PM Kusum Yojana. PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) Scheme is aimed at ensuring energy security for farmers in India, along with honouring India’s commitment to increase the share of installed capacity of electric power from non-fossil-fuel sources to 40% by 2030 as part of Intended Nationally Determined Contributions (INDCs).

Ministry of New and Renewable Energy (MNRE) has launched the Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) Scheme for farmers for installation of solar pumps and grid connected solar and other renewable power plants in the country.

The scheme aims to add solar and other renewable capacity of 25,750 MW by 2022 with total central financial support of Rs. 34,422 Crore including service charges to the implementing agencies. The scheme has been extended upto 31.03.2026.

Objectives of KUSUM Scheme
The primary objective of the PM KUSUM Scheme is to make cutting-edge technology available to our farmers and provide sources for de-dieselised irrigation to the agricultural sector.The main objectives of this scheme are:

The solar pumps assist our farmers in much more effective and eco-friendly irrigation as these are capable of generating safer energy.
In addition, the pump sets comprise an energy power grid that generates more energy than diesel driven pumps. Farmers will be able to sell the extra power to our Government directly to enhance their income.
Features or Components of KUSUM Scheme
KUSUM Scheme comprises 3 components which have different features:

Component A: Install a total of 10GV grid-connected stilt-mounted decentralised solar plants and other renewable energy-based power plants.Each plant is sized up to 500KW to 2MV.
Component B: Install stand-alone solar pumps of up to 7.5HP individual capacity and worth 17.50 lakh.
Component C: Provide financial support to solaris 10 lakh grid-connected agricultural pumps of 7.5HP of capacity each.

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