To promote renewable energy sources in the country, the Central and State Governments are running many excellent schemes at their respective levels. In this connection, a few years ago the Central Government had started a very ambitious scheme. The name of this scheme is Pradhan Mantri Kusum Yojana.
There are a large number of farmers in the country who irrigate their fields with the help of diesel engines. It is noteworthy that farmers spend a lot on purchasing fuel. In such a situation, under the Pradhan Mantri Kusum Yojana, the government is giving good subsidy to the farmers for installing solar pumps in their fields. With the help of solar pumps, farmers will not need to spend money on fuel to irrigate their fields.
Under Pradhan Mantri Kusum Yojana, farmers get 60 percent subsidy for installing solar pumps in their fields. Apart from this, the government is also giving 30 percent loan to the farmers. If you avail the loan facility, you can easily install solar pumps in your fields by depositing only 10 percent amount. With the help of solar pumps, farmers do not need to spend much money to irrigate their fields.
Apart from installing solar pumps, farmers can also earn a good amount of money by installing solar pumps in their fields. Farmers can also generate electricity by setting up solar pump plants. The department will purchase the electricity produced by farmers at a tariff of Rs 3 7 paise. In such a situation, you can earn good amount through this. Many people in India are taking advantage of the Kusum scheme of the Government of India.
