Govt approves KUSUM scheme for farmers | Current Affairs, Current Affairs 2019

Govt approves KUSUM scheme for farmers

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The government has approved the launch of the Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) with a central aid of Rs 34,422 crore to provide financial and water security to farmers through harnessing solar energy capacities of 25.75 gigawatt (GW) by 2022 .

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the launch of KUSUM with the objective of providing financial and water security to farmers, an official statement said. The proposed scheme consists of three components — 10,000 megawatt (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), according to the statement. All three components combined, the scheme aims to add a solar capacity of 25,750 MW by 2022. The total central financial support provided under the scheme would be Rs 34,422 crore. Component-A and Component-C will be implemented on pilot mode for 1,000 MW capacity and one lakh grid-connected agriculture pumps, respectively, and thereafter, will be scaled up on success of the pilot run. Component-B will be implemented in full-fledged manner.

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