What’s PM KUSUM Yojana and How Farmers Can Earn Enormous Income by Putting in Solar Panels?
For several years now, the demand for solar modules in India has increased rapidly. PM Kusum Yojana of the Modi government was adopted from a simple man to a great businessman because of his profitability. In addition, banks grant loans in simple installments for solar modules. Any farmer, including small business owners, can also connect to this system and earn a good income by generating electricity.
If you also want to buy solar panels, you can contact the state government’s renewable energy development agency directly. There are offices in major cities in every state and you can contact them directly for a solar panel in your home.
Let us know how to sell it by generating electricity.
What is PM KUSUM Yojana?
Under PM Kusum Yojana, the government is offering Modi subsidies for the purchase of solar pumps for agricultural use.
In addition, solar panels are also available from private dealers. To do this, you need to contact the authority in advance to receive your loan amount. The form is obtained from the Authority’s Subsidies Office.
In order to promote the solar business, the central government and the state government are constantly introducing new systems (government systems). As part of the state regulations, solar systems are provided at lower prices for the construction of solar systems. The farmer receives grants for new and improved solar-powered pumps. You can take out a loan from the SME branch of many banks. This program will help farmers generate electricity for their tube wells.
How does the Yojana solar pump help farmers?
The plan is to combine solar and other renewable capacities with central financial support totaling 25,750 MW by 2022.
Solar pumps not only help irrigate the fields, but also enable safe energy to be generated. Farmers can also sell excess electricity to utility companies. This will help them generate additional income for themselves. According to experts, this company can earn up to million rupees in a month.
How Can You Earn By Installing Solar Panel?
In some states, you can easily generate and send electricity with the help of solar panels. These mainly include Madhya Pradesh, Rajasthan and Uttar Pradesh. To do this, you need to negotiate with companies in your area.
With the help of the power grid, you can deliver your generated electricity to the state government or you can also deliver electricity from house to house in your area. The bank also provides loans at very low interest rates or in simple installments to install solar panels in your home.
If a person’s financial situation is not so good, they can also have a solar panel installed in their home. At the same time, you can provide people with electricity and make money. In the years to come, each state will introduce new programs for solar panels or raise awareness among all. It is the effort of all governments that the people produce their own electricity so that our country’s electricity can be saved. In addition, it is guaranteed that you can make a lot of money by installing solar panels at home.