Policy Review
The PM KUSUM (Pradhan Mantri Kisan Urja Suraksha Evan Utthaan Mahabhiyan) policy is the Indian government's key initiative to increase the use of solar energy in India, specifically for rural India. They also aim to increase the installed capacity of electric power, particularly from non-fossil fuel sources, to improve Indian farmers sustainable energy, promoting installing solar pumps on agricultural land and grid-connected solar power plants. With its innovative and effective solar products, Kisan Solar is a critical player in meeting the ambitious goals of the PM ‘KUSUM’ policy. Kisan Solar’s off-grid solar products, solar pumps, and other advanced technology are instrumental in the policy's success.
The impact of Kisan Solar under the 'KUSUM' Policy is significant. The company has reduced the dependency on fossil fuels by providing affordable solar pumps and decentralized energy solutions to farmers in rural India. This reduction enhances energy security and makes agriculture more sustainable, instilling hope for a greener future. Kisan Solar's products not only benefit farmers economically under the 'KUSUM' policy but also significantly reduce specific input costs for irrigation. Government estimates suggest that farmers could save significantly due to their use of solar energy and independence from rising fuel costs. Moreover, the surplus power generated can be sold to DISCOMs, providing farmers with a second source of income and enhancing rural financial security.
Furthermore, Kisan Solar's products profoundly impact the environment and society. Typically, agriculture's diesel-powered pumps and other fossil fuel-based electricity sources generate significant carbon emissions. However, using solar-powered pumps reduces these emissions, aligning with India's climate strategies. Moreover, reliable irrigation via these solar pumps enhances agricultural productivity and crop quality. Kisan Solar's products improve farmers living standards, reduce reliance on non-renewable energy sources, and contribute to rural development. It is evident from this how private-sector participation is aligned substantially with government-led policies such as ‘KUSUM’ and can result in environmental benefits. So, Kisan Solar assists in achieving India's carbon emission goals and enhances energy security.
Additionally, the products of Kisan Solar have immense potential to help uplift marginalized farmers, particularly in regions that have reduced availability of electricity infrastructure. The variety of affordable solar solutions that Kisan Solar offers can significantly increase agricultural productivity and thereby enhance food security, income, and the overall livelihoods. This aligns with the larger established social and economic objectives of the ‘KUSUM’ policy of promoting sustainable livelihoods and working on poverty alleviation.
Overall, given the technological innovation, Kisan Solar’s wide product range has the potential to withstand the harsh conditions of the agricultural area. Moreover, designing solar products provides higher efficiency and meager overall operational costs for farmers.
BY SAHIMA GUPTA