India's PM-KUSUM Scheme Offers Solar Pumps with Big Subsidies for Farmers
India's PM-KUSUM scheme provides solar pumps to farmers with significant government subsidies, reducing dependence on diesel for irrigation. The program targets areas without electricity infrastructure. Under Component B, 1,307,190 pumps have been approved, with 1,180,474 standalone solar agricultural pumps installed by August 31, 2026. The central government provides 30% financial assistance, with states contributing at least 30% more, while farmers pay the remainder, potentially through bank loans. The scheme aims to add 34,800 MW of renewable capacity with ₹34,422 crore in central funding. Farmers should contact their state's implementing agency or the national PM-KUSUM website for application details and eligibility criteria.