Central scheme (MNRE) to replace diesel pumps with solar pumps and to solarise existing grid-connected pumps. Component B is standalone solar pumps; Component C is solarising existing grid pumps. The states run the applications.
Amount / benefit: Up to 60% subsidy on a standalone solar pump up to 7.5 HP (30% Centre + 30% State); you pay 40%, of which a bank loan can cover 30%
Central subsidy of 30% of the benchmark cost (50% in the North-East and hill states) plus at least 30% from the state. With a bank loan for 30%, the farmer's upfront share can be as low as 10%.
Farmers who need an irrigation solar pump up to 7.5 HP, bought from an approved vendor. The states notify who can apply and in what order, so check your state's portal. Subsidy is calculated on the MNRE benchmark cost, not your invoice.
Most farmer schemes accept applications through the year or in notified windows. Check the official portal for the current window.
Farmers who need an irrigation solar pump up to 7.5 HP, bought from an approved vendor. The states notify who can apply and in what order, so check your state's portal. Subsidy is calculated on the MNRE benchmark cost, not your invoice.
Central subsidy of 30% of the benchmark cost (50% in the North-East and hill states) plus at least 30% from the state. With a bank loan for 30%, the farmer's upfront share can be as low as 10%. Amount: Up to 60% subsidy on a standalone solar pump up to 7.5 HP (30% Centre + 30% State); you pay 40%, of which a bank loan can cover 30%.
Aadhaar card, Land ownership or lease record, Bank account details, Passport-size photograph, Electricity connection details (for solarising an existing grid pump).
The official website is https://pmkusum.mnre.gov.in (source: Ministry of New and Renewable Energy (MNRE), Government of India).