About PM-KUSUM (The Pradhan Mantri Kisan Urja Suraksha Evam Uttham Mahabhiyan)
- It is a scheme by the Ministry of New and Renewable Energy launched in 2019.
- It is aimed at ensuring energy security for farmers in India, along with 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).
The Scheme consists of three components:
- Component A: Addition of 10,000 MW of solar capacity through installation of small solar power plants of capacity up to 2 MW. Procurement Based Incentive (PBI) will be provided for the first five years by MNRE to DISCOMs, for buying the power from farmers/developers.
- Component B: Installation of 20 lakh standalone solar powered agricultural pumps.
- Component C: Solar station of 15 lakh existing Grid-connected Agriculture Pumps.
- Centre’s Assistance of 30%, State Government subsidy 30%; Remaining 40% by the farmer will be provided in component B and C.
- In North Eastern States, Sikkim, J&K, Himachal, Uttarakhand, Lakshadweep and A&N Islands, Centre’s assistance of 50%, State Government subsidy 30%, Remaining 20% by the farmer.