AgricultureNational SchemeOngoing
PM KUSUM Yojana
60% subsidy for solar pumps and solar power plants for farmers
Ministry of New and Renewable Energy
What you get
PM KUSUM provides 60% subsidy (central + state) for solar water pumps. Farmers can earn by selling excess solar power to DISCOMs at guaranteed tariff. 30% bank loan + 10% farmer share.
Who can apply
- All farmers with agricultural land
- Must have water source (borewell/pond/canal)
- 60% from government, 30% loan, 10% farmer contribution
Documents required
General
- Aadhaar card
- Land documents
- Bank passbook
- Electricity connection details
Scheme code: PM-KUSUM