The central and state governments are running many best schemes at their respective levels to promote renewable energy sources in the country. In this connection, a few years ago, the Central Government 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. Significantly, farmers spend a lot on buying fuel. In such a situation, the government is giving good subsidy to farmers to install solar pumps in their fields under the Pradhan Mantri Kusum Yojana. With the help of solar pumps, farmers will not have to spend money on fuel for irrigation of their fields.
Under the 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 farmers. If you take advantage of loan facility, then 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 lot by installing solar pumps in their fields. Farmers can also generate electricity by setting up a solar pump plant. The department will buy electricity produced by farmers at 3 rupees 7 paise tariff. In such a situation, you can earn a good amount through it. Many people in India are taking advantage of the Kusum scheme of the Government of India.
