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Empowering Farmers: Rs 908 Crore Released for Solar Pump Subsidy


By Robin Kumar AttriUpdated On: 17-Mar-24 07:04 AM
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ByRobin Kumar AttriRobin Kumar Attri |Updated On: 17-Mar-24 07:04 AM
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The Rs 908 crore subsidy for solar pumps in Rajasthan under PM Kusum Yojana promises enhanced irrigation and reduced costs for farmers.
Empowering Farmers: Rs 908 Crore Released for Solar Pump Subsidy
Empowering Farmers: Rs 908 Crore Released for Solar Pump Subsidy

Key Highlights

  • Rs 908 crore subsidy allocated for solar pumps in Rajasthan.
  • PM Kusum Yojana provides 60% subsidy for over 50,000 farmers.
  • Reduced costs: lower electricity bills and diesel savings.
  • Solar pump installation ensures continuous irrigation, enhancing farm productivity.

In a significant move aimed at supporting agricultural infrastructure and empowering farmers, the government has allocated a whopping Rs 908 crore for solar pump subsidies. This initiative is set to facilitate more farmers in accessing essential irrigation facilities. Under the PM Kusum Yojana, a pivotal scheme, both the Central and State Governments are joining forces to provide crucial support to farmers across the nation. Recently, the Chief Minister of Rajasthan, Bhajan Lal Sharma, announced the distribution of approval letters for the PM Kusum Solar Pump Plant at a ceremony in Jaipur.

Also Read: Farmers to Receive Subsidy for 54,000 Solar Pump

Expansion of Irrigation Facilities

Efforts are underway to enhance irrigation facilities for farmers through various schemes and projects. The recent approval will enable approximately 50,000 farmers in Rajasthan to benefit from subsidized solar pumps, with the government earmarking a total expenditure of about Rs 1830 crore for this purpose.

Subsidy Details Under PM Kusum Yojana

Farmers availing themselves of solar pumps under the PM Kusum Yojana stand to gain substantial subsidies. Both the Central and Rajasthan Governments offer a 60 percent subsidy on solar pumps. Additionally, scheduled caste and scheduled tribe farmers receive a separate grant of Rs 45,000 from the state. These incentives aim to make solar pump installation financially feasible for farmers, ensuring widespread adoption across the state.

Cost Analysis for Solar Pump Installation

The cost of installing solar pumps varies based on capacity and type. For instance, a 5 HP capacity solar panel installation using an AC plant costs around Rs 92,522, whereas opting for a DC solar pump of the same capacity amounts to approximately Rs 90,184. Similarly, a 7.5 HP AC solar panel installation costs Rs 1,34,176, while its DC counterpart costs Rs 1,40,883.

Application Process and Required Documents

Farmers interested in availing themselves of solar pump subsidies must adhere to a streamlined application process. Essential documents include land seizure records not exceeding six months, land maps, an irrigation certificate validating the need for micro-irrigation, and valid identification documents such as Aadhar Card, Bhamashah Card, or Jan Aadhar Card.

How to Apply for Solar Pump Subsidy

To initiate the application process, farmers must obtain quotations from authorized companies listed by the Agriculture or Horticulture Departments. Following this, they can approach the Agriculture Department in their respective districts for guidance and apply for the subsidy through e-Mitra under the Kusum Yojana. Subsidies are allocated on a first-come, first-served basis.

Benefits of Solar Pump Installation

The installation of solar pumps offers myriad benefits to farmers. Notably, it reduces electricity consumption by half, leading to substantial savings on electricity bills. Additionally, farmers can bid farewell to diesel dependency, further conserving resources and cutting costs. Solar pumps ensure round-the-clock irrigation, providing farmers with greater flexibility and control over their cultivation practices. In essence, the allocation of Rs 908 crore for solar pump subsidies marks a significant stride towards fostering sustainable agriculture practices and uplifting the farming community in Rajasthan.

Also Read: Features of the Newly Launched Captain 280 4WD Lion Series Tractor

CMV360 Says

The release of Rs 908 crore for solar pump subsidies heralds a new era of sustainable farming in Rajasthan. By offering financial support and streamlined processes, the PM Kusum Yojana empowers farmers to embrace solar technology, reducing costs, enhancing irrigation, and bolstering agricultural productivity for a brighter, greener future.

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