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Learn how farmers can get 60% subsidy and low‑cost loans for solar pumps, earn electricity income, and apply online under Kisan Solar Pump Yojana.
The Government of India has launched the Kisan Solar Pump Yojana to improve irrigation for farmers by promoting solar‑powered water pumps. Under this initiative, a subsidy of 60 % of the pump cost is provided, while the remaining amount can be financed through a low‑interest loan (approximately 30 % of the cost) from any bank. Consequently, farmers need to contribute only about 10 % of the total expense from their own funds.
For the latest and authentic information, visit the official portal of the scheme (link provided on government announcements).
The Kisan Solar Pump Yojana offers a practical, cost‑effective solution for farmers to modernize irrigation while embracing renewable energy. With a 60 % subsidy, low‑cost financing, and the opportunity to earn from surplus electricity, the scheme significantly reduces operational expenses and enhances farm profitability. Eligible farmers should promptly apply through the official portal to reap these benefits.
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