Advantages of the Scheme
- The financial condition of DISCOMs in our country is very bad and one of the main reasons behind this is the subsidies that farmers get on electricity, this scheme will reduce the burden of subsidies on DISCOMs and it will help in improving their financial condition.
- It will help the government in fulfilling its goal of generating 40% of total electricity generated by renewable power by 2030.
- Farmers will also get an alternate income source from this scheme and it will also fulfill their electricity needs.
- Apart from all these advantages, this scheme will be also very good for our environment as it will increase the use of renewable energy and thus heals nature.
Kusum Scheme
In the budget of 2018-19 Ministry of New and Renewable Energy announced a new scheme for farmers of the country, named Pradhan Mantri Kisan Urja Suraksha and Utthaan Mahabhiyan commonly known as the PM-KUSUM scheme. This scheme focuses on the decentralized solar power plant for the production of electricity which will help the farmers. The final approval for this scheme was given on 8th March 2019.
Under this scheme, individual farmers/groups of farmers/panchayats/cooperatives/Water User Association/Farmer Producer Association can set up small renewable energy-based power plants on their barren or cultivated lands.