PM Kusum Yojana 2024: Features, See Benefits, Eligibility, Documents, Online Application and All Information

PM Kusum Yojana: The primary aim of the Kusum Yojana is to supply farmers with solar-powered pumps for irrigation purposes. The 3 crore irrigation pumps that run on gasoline and diesel will be replaced with solar energy pumps as part of this project by the federal government and the state government of Rajasthan. Under the Kusum Yojana, the nation’s farmers who currently run irrigation pumps on gasoline or diesel will now be able to run those pumps on solar power. 1.75 lakh diesel and gasoline-powered pumps around the nation will be powered by solar energy in the initial phase of this project.

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PM Kusum Yojana 2024

The state government’s goal under the Kusum Yojana is to replace 3 crore agricultural pumps and 17.5 lakh diesel pumps with solar pumps during the next ten years. This is a significant program for Rajasthani farmers. An initial budget of Rs. 50 thousand crores were set aside to build solar pumps and market solar products in the fields owned by the state’s farmers. This program will assist 20 lakh farmers in the state with installing solar pumps under the 2020–21 budget.

Information about Pradhan Mantri Kusum Yojana

Name of Scheme	Kusum Yojana
Launched by	By Finance Minister Shri Arun Jaitley
Category	Central Government Scheme
Objective	Providing solar irrigation pumps at subsidized prices
official website	http://rreclmis.energy.rajasthan.gov.in/kusum.aspx

Purpose of Kusum Yojana 2024

As you are all aware, there is a drought in several Indian states. Additionally, the drought forces the farmers who crop there to endure losses. The PM Kusum Yojana 2024 has been launched by the central government with this in mind. Giving the nation’s farmers access to free electricity is the primary goal of this program. In order to properly water their fields, farmers are given solar panels as part of this program. The farmer will gain twice from this Kusum Yojana 2024, and his income will rise as well. Second, if the farmers increase their electrical production and feed it into the system. Thus, they will likewise receive its cost.

Kusum Yojana Registration

Applications for the Kusum Yojana are accepted both offline and online. Applications can be submitted under this program for both land leasing and the establishment of solar power plants. RREC will publish on its official website a list of all applicants who have registered to lease their land. Any citizen who wishes to lease property for the construction of a solar power plant can obtain the list of applicants from the RREC website, connect with the registered applicants, and then submit an application to establish the plant.

The applicant will obtain an application ID if they have registered online. When submitting an online application, the candidate must carry a printed copy of the application form with him at all times. If the application was submitted offline, the candidate will receive a receipt that they must keep secure. The candidate must submit the required documentation in order to apply.

Kusum Yojana Application Fee

In order to apply for a solar power plant under this scheme, the applicant must pay an application cost of ₹5000 per megawatt + GST. A demand draft made out to the Managing Director of Rajasthan Renewable Energy Corporation would be used to make this payment. The following application fee applies to applications ranging from 0.5 megawatts to 2 megawatts.

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Mega Watt	Application fee
0.5 Megawatt	₹ 2500+ GST
1 Megawatt	₹5000 + GST
1.5 Megawatt	₹7500+ GST
2 Megawatt	₹10000+ GST

Beneficiaries of Kusum Yojana

• Farmers
• Group of farmers
• Cooperative societies
• Panchayat
• Farmer producer organization
• Water consumer association

Some important information related to Rajasthan Kusum Yojana

• One unique aspect of the Kusum project is that thirty per cent of the plant’s overall cost will come from the Central Government, thirty per cent from the State Government, and thirty per cent will come from loans provided by NABARD or other betting institutions to agricultural consumers.
• Thus, farmers will only be required to pay ten per cent of the total.
• In addition, the farmer may choose to sell any extra electricity produced if there is a surplus.
• At the time of application, the applicant must have both a bank account and an Aadhaar card.
• The government will deposit the subsidy amount into the applicant’s account.
• In addition, a third-party contract including the bank, disco, and farmer will be signed. There will be two components to the farmer’s revenue from the sale of electricity.
• The customer will receive the first portion, and the loan instalment will receive the second.
• Farmers will be able to get power under this plan, and they will be able to profit from their idle land.

Rajasthan Kusum Solar Pump Features

Under the Kusum plan, the Rajasthan State Renewable Energy Corporation will distribute solar pumps with a capacity of 0.5 megawatts to 2 megawatts. Farmers should carefully examine the pre-registration process before deciding whether to apply online or fill out an offline application form to receive a solar pump under the Kusum scheme.

Benefits of Kusum Yojana 2024

• The country’s farmers are all eligible to benefit from this program.
• supplying inexpensive solar irrigation pumps.
• Ten lakh grid-connected farm pumps are solarized.
• In the first phase of the Kusum Yojana 2024, 17.5 lakh diesel-powered irrigation pumps will be powered by solar energy. which will cut down on the use of diesel.
• Farmers’ farming will be aided by the use of solar energy for the pumps that irrigate the fields.
• This plan will generate extra megawatts of electricity.
• The central government will provide farmers with 60% financial help under this initiative to install solar panels; the bank will cover 30% of the cost of the loan, with the farmer only having to pay 10%.
• The Kusum Yojana would help farmers in states that are prone to drought and have electrical issues.
• The installation of solar plants will provide electricity around the clock. It makes it simple for farmers to water their farms.
• The farmer might earn the assistance of 6000 rupees per month by selling the excess electricity produced by the solar panel to government or non-government electrical departments.
• All of the solar panels that will be put under the Kusum Yojana will be done so on barren land, allowing for the utilization of the land and the potential for revenue generation.

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PM Kusum Yojana Eligibility Criteria

Although the government has not yet released an official announcement regarding the Kusum Yojana eligibility requirements, estimates from media outlets suggest that the following are the requirements:

An Indian native must be eligible to participate in the program. This program is exclusive to farmers in India. Almost all Indian farmers are covered by the Kusum plan, regardless of the amount of cultivable land they own. The farmer’s eligibility for the scheme will be determined by their income. The PM Kusum Yojana would only be available to farmers with cultivable land.

Important Documents

• Aadhar Card
• Ration Card
• Copy of Registration
• Authorization Letter
• Copy of Jamabandi of Land
• Net Worth Certificate issued by Chartered Accountant (in case of a project developed through the developer)
• Mobile Number
• Bank Account Details
• Passport Size Photograph

Process of online application under Rajasthan Kusum Yojana

In order to apply for the Kusum Yojana, state grantees should follow the steps outlined below.

• The applicant should visit the official website of the scheme first. After gaining access to the legitimate website, you can be presented with the main page.
• The “Online Registration” registration option is visible on this home page. Select this choice by clicking. The next step is to fill out the application form with all the requested information, including your name, address, Aadhar card number, mobile number, and so forth.

• Once the form has been completed, press the submit button. Following approval of your registration, the department will send you an invoice with the amount (10% of the solar pump set’s cost) that you must pay on behalf of the designated beneficiaries.
• After that, in a few days, solar pumps will be put in your fields.

Checklist of Kusum Yojana application

• You must first go to the Solar program’s official website in order to view the names of the applicants who were chosen to build solar power plants under the Kusum program.
• You next need to select the “List of registered applications for Kusum” option.

• Upon selecting this option, a list of the chosen candidates will appear, and you may now quickly search for any individual’s name within this list.

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FAQs

Q. What is the 2024 solar pump subsidy?

Ans: This program is expected to cost Rs 11.74 billion. The state government intends to boost its subsidy from thirty per cent to fifty per cent under this program, to which the federal government will contribute thirty per cent.

Q. How long is the PM Kusum Yojana in effect?

Ans: It is possible to transfer amounts between Component B and Component C inter-se through the PM-KUSUM Scheme. By March 2026, all three program components hope to increase solar capacity by approximately 34,800 MW, with ₹ 34,422 crore in total central financial support.

Q. What are the solar water pump’s limitations?

Ans: This may be its largest drawback because the solar pumping system won’t be as effective and will produce less on cloudy days or at night when the sun isn’t out. It has to be well exposed to the sun for optimal output.

@MAN