Great opportunity! Get huge subsidy on solar pump – hurry up

The Indian government is proactively enhancing the agriculture sector through various initiatives, notably the promotion of solar pumps. These pumps not only facilitate irrigation but are also a cost-effective and eco-friendly solution for farmers.

Subsidies for Solar Pumps

To ease the financial burden, farmers can receive substantial subsidies from the government for installing solar pumps. Under the PM Kusum Yojana, farmers can avail of up to 90% subsidy on solar pumps ranging from 2 HP to 5 HP, making the installation almost free of charge. This initiative aims to bolster agricultural productivity while promoting sustainability.

Phases of PM Kusum Yojana

The PM Kusum Yojana comprises four phases to aid farmers:

• The first phase involves the installation of solar pumps through collaboration with the Electricity Department.
• The second focuses on manufacturing solar equipment to enhance renewable energy capacities.
• The third includes constructing new tube wells for efficient water supply.
• The final phase aims to upgrade older pumps to solar technology.

Benefits of Solar Pumps

Installing solar pumps offers numerous advantages:

• They modernize agricultural practices, leading to increased crop yields and higher income.
• Being environmentally friendly, they reduce reliance on fossil fuels.
• They help farmers save on electricity costs, as they lessen dependence on grid power.

Moreover, farmers can sell excess electricity generated by their solar panels, providing an additional income source and promoting economic stability.