PM-KUSUM Yojana: Turn Barren Land into Gold, Boost Farmer Income with Solar Power

• PM-KUSUM Yojana, launched in March 2019, aims to boost farmer income, reduce diesel use, and achieve 34,800 MW solar capacity by March 2026.
• Component-A: Install solar plants (500 kW-2 MW) on barren land, sell power to DISCOMs for 25 years, earning Rs. 25,000-65,000/acre annually.
• Component-B: Install new solar pump sets (up to 7.5 HP) to eliminate diesel costs for irrigation.
• Component-C: Convert existing electric motors to solar, save bills, and sell surplus electricity to the grid for extra income.
• Subsidies: 30% Central, 30% State, 30% bank loan; farmers pay only 10%. Apply free online via https://pmkusum.mnre.gov.in/.

Why It Matters: PM-KUSUM Yojana empowers farmers to become electricity producers, ensuring income from barren land and reducing irrigation costs.