Farmers to Receive Subsidy for 54,000 Solar Pumps

Key Highlights

• Subsidy for 54,000 solar pumps for farmers.
• Covers 2 HP to 10 HP solar pumps.
• Varying subsidy amounts based on HP.
• Online application process through the agriculture department website.
• Compliance with specific guidelines necessary (water levels, eligible regions, etc.).
• Promotes eco-friendly farming and lowers energy bills.

The government has announced that it will provide subsidies for installing solar pumps for farmers. A total of 54,000 solar pumps will be given to farmers across the country. This initiative aims to help farmers afford solar pumps, which can reduce their reliance on traditional power sources.

Subsidy Amount for Different HP Solar Pumps

Different subsidies will be offered based on the horsepower (HP) of the solar pump. Here's a breakdown of the subsidy amounts for each HP:

• 2 HP solar pump: Rs 1,03,030
• 3 HP solar pump: Rs 1,39,633
• 5 HP solar pump: Rs 1,96,499
• 7.5 HP solar pump: Rs 2,66,456
• 10 HP solar pump: Rs 2,86,164

Farmers will need to pay a token money of Rs 5,000 when applying for the solar pump.

How to Apply for the Solar Pump Subsidy

To apply for the solar pump subsidy, farmers must register on the official website of the department (https://agriculture.up.gov.in/). Once registered, farmers can book their solar pump through the departmental website (https://agriculture.up.gov.in/) by clicking on the "Booking for solar pump on grant" link. Benefits of the scheme will be given out on a first-come, first-served basis.

Payment of Farmer's Share

After receiving the subsidy, farmers will need to pay the remaining amount due for the solar pump. They can choose to pay the full amount themselves or take out a bank loan to cover the costs. The remaining payment must be made within 14 days of confirmation of the token.

Here's a breakdown of the remaining payments for each HP:

• 2 HP solar pump: Rs 63,686
• 10 HP solar pump: Rs 2,86,164

For other HP solar pumps, farmers will need to calculate the remaining amount based on the total fixed price minus the subsidy amount.

Additional Information

There are a few additional things to keep in mind when applying for the solar pump subsidy:

Suitable solar pumps include:

• 2 HP surface up to 22 feet
• 2 HP submersible up to 50 feet
• 3 HP submersible up to 150 feet
• 5 HP submersible up to 200 feet
• 7.5 HP and 10 HP submersible solar pumps are suitable for water levels available at a depth of up to 300 feet

New solar pumps cannot be installed in exploited and over-exploited areas unless the farmer uses micro irrigation technology to convert existing diesel pump sets into solar pumps. Farmers can also apply for a solar pump by taking out a loan from a bank. An interest subsidy will be offered as per rules from the Agricultural Infrastructure Fund (AIF).

Also Read: Crop Loss Compensation: State Government to Provide Rs 15,000 per Acre for Damaged Crops

CMV360 Says

To sum up, the government is providing a subsidy on 54,000 solar pumps for farmers, covering various horsepower ranges. The subsidy amount varies based on the HP of the pump. Interested farmers can apply through the official Agriculture Department website, and they should note the conditions related to water levels and eligibility criteria. By adopting solar pumps, farmers can embrace sustainable farming practices and lower electricity costs.