Solarisation of agricultural pumps and grid-connected solar power plants with 60% subsidy.
PM KUSUM aims to provide financial and water security to farmers through solarisation. It has three components: (A) 10,000 MW decentralized ground-mounted grid-connected renewable power plants, (B) Installation of 20 lakh standalone solar pumps, (C) Solarisation of 15 lakh grid-connected agriculture pumps. Central Financial Assistance of 30% + State Government subsidy of 30% is provided.