The Indian government has announced the extension of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme till March 2026 due to the significant impact caused by the COVID-19 pandemic on its implementation. The scheme, initiated by the Ministry of New & Renewable Energy, was launched in 2019 and plans to increase the solar capacity by 30,800 MW by 2022 with financial support of Rs 34,422 crore from the central government.

Important points to remember:

  1. PM-KUSUM scheme has been extended till March 2026.
  2. The scheme was launched by the Ministry of New & Renewable Energy in 2019.
  3. The motive of the scheme is to add solar power capacity of 30,800 MW by 2022.
  4. The initiative will receive a total central financial support of Rs 34,422 crore.
  5. The scheme is divided into three components: Decentralized Ground Mounted Grid Connected Renewable Power Plants, Installation of standalone Solar Powered Agriculture Pumps, and Solarisation of Grid-connected Agriculture Pumps.