PM-KUSUM scheme expansion a boost for agri sector, job prospects: Renewable energy players

New Delhi: Experts from the energy industry lauded the governments’ decision on expanding the PM-KUSUM scheme and a proposal to allocate about Rs 22,000 crore to power and renewable energy sector in 2020-21, saying the step will help generate employment opportunities and give a boost to the agriculture sector. While presenting the budget for 2020-21, Finance Minister Nirmala Sitharaman on Saturday announced expansion of Pradhan Mantri Kisan Urja Suraksha Utthan Mahabhiyan (PM KUSUM) Scheme under which 20 lakh farmers would be provided funds to set up standalone solar pumps.

While presenting the budget for 2020-21, the minister said that farmers would be provided funds to set up grid-connected 15 lakh solar pumps.