KUSUM Scheme: Need, Significance, Drawbacks
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The Ministry of New and Renewable Energy (MNRE) had launched a massive solar-pump programme called PM-KUSUM in February this year. This scheme, though well-intended, has numerous drawbacks and is in need of reforms for it to be successful in the long run.
What is PM-KUSUM?
- The Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) is a scheme that aims to set up 25,750 MW solar and other renewable capacities by 2022 to power the irrigation pumps.
- This scheme provides a total Central financial support of Rs.34, 422 crores including service charges to the implementing agencies.
- This scheme has three components:
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