Budget 2021: A declaration of incentives may be made for farmers, PM Kusum scheme will be expanded!

There will be big announcements for farmers in the budget

Budget 2021: Many special announcements can be made to increase the income of farmers and to meet energy needs. According to the news of money control, in the budget 2021, the government can increase the amount of financial assistance along with expanding the solar pump scheme.

January 25, 2021, 5:31 PM IST

new Delhi: The central government can give big gifts to the farmers in the budget 2021. Many special announcements can be made to increase the income of farmers and to meet energy requirements. In the budget 2021, the government can increase the amount of financial assistance along with expanding the solar pump scheme. PM Kusum Yojana was launched in the year 2019, after which the Finance Minister Nirmala Sitharaman expanded the scheme in the budget 2020.

CNBC Awaaz has received information from sources that in this budget, the government can make several announcements for energy needs to increase farmers’ income. With this, the scope of PM Kusum scheme can be increased once again. The pump of solar plant can be increased up to 50 percent.

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Farmers can get incentiveThe Renewable Ministry has recommended a 20-25 percent increase in the budget of the PM-Kusum scheme. Apart from this, it has been learned from the sources that incentives can also be announced for the farmers in the budget.

Know what other benefits farmers can get-
>> Explain that there will be emphasis on adopting alternative profitable farming in the budget.
>> Scheme for CROP DIVERSIFICATION may come up to reduce dependency on MSP.
>> There is a plan to provide direct financial help to farmers.
>> According to sources, an alternative crop can get an incentive of Rs 7,000 per acre.
>> An incentive of Rs 2000 can be given for sowing and Rs 5000 for the finished crop.
>> Its direct benefit will be to the farmers of Punjab, Haryana, Western UP.

What is PM Kusum Yojana?
In the PM Kusum Yojana, solar panels are provided to the farmers on subsidy, by which they can make electricity. Apart from this, by using electricity for his needs, he can sell it and earn a good income. Under this scheme, 20 lakh farmers have been helped to install solar pumps.

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Apart from this, there is a plan to run all the diesel / electric pumps used for irrigation across the country with solar energy. The Kusum scheme was announced in the Union Government’s General Budget 2018-19. The Kusum scheme was announced by Finance Minister Arun Jaitley.