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Budget 2020: Govt expands PM KUSUM scheme for solar pumps, targets to cover 20 lakh farmers

Budget 2020: Govt expands PM KUSUM scheme for solar pumps, targets to cover 20 lakh farmers

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Finance Minister Nirmala Sitharaman on Saturday announced expansion of Pradhan Mantri Kisan Urja Suraksha Utthan Mahabhiyan (PM KUSUM) Scheme under which 20 lakh farmers would be provided funds to set up standalone solar pumps.

While presenting the budget for 2020-21, the minister said that 15 lakh farmers would be provided funds to set up grid-connected 15 lakh solar pumps.

She said, “A scheme to enable farmers to setup solar power generation capacity on their fallow and barren lands and to send it to grid would be operationalized. This is a major step forward in which we are saying that farmers if they have fallow or barren lands, now will be helped to set up solar power generation units so that they can then send those, that which is being generated, solar power to the grid and through the grid having given the solar power from their barren land, they will be able to make a living out of that.”

The previous Modi government in February last year had unveiled the PM KUSUM scheme with an outlay of Rs 34,422 crore.

Sitharaman told the Lok Sabha that the scheme has removed farmers’ dependence on diesel and kerosene and linked them to solar energy. The scheme also enables the farmers to set up solar power generation capacity and sell it to the grid.

She stressed that farmers would be able to earn livelihood through their baron land also (by generating solar power on that).

The PM KUSUM scheme had three components — 10,000 megawatts (MW) of decentralised ground mounted grid-connected renewable power plants (Component-A); installation of 17.50 lakh standalone solar powered agriculture pumps (Component-B); and solarisation of 10 lakh grid-connected solar powered agriculture pumps (Component-C).

All three components combined, the scheme had aimed to add a solar capacity of 25,750 MW by 2022.

Source: cnbctv18
Anand Gupta Editor - EQ Int'l Media Network

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