The Cabinet Committee on Economic Affairs (CCEA) has approved launch of Kisan Urja Suraksha evam Utthaan Mahabhiyan with the objective of providing financial and water security to farmers.
About:
Scheme objective: Providing financial and water security to farmers.
Components: The proposed scheme consists of three components –
Component-A: Installation of 10,000 MW of Decentralized Ground Mounted Grid Connected Renewable Power Plants.
Component-B: Installation of 17.50 lakh standalone Solar Powered Agriculture Pumps.
Component-C: Solarisation of 10 Lakh Grid-connected Solar Powered Agriculture Pumps.
Target: All three components combined, the scheme aims to add a solar capacity of 25,750 MW by 2022.
Budgetary Allocation: The total central financial support provided under the scheme would be Rs. 34,422 crores.
Benefits:
All three components are likely to result in saving of about 27 million tonnes of CO2 emission per annum.
Component-B of the Scheme may result in saving of 1.2 billion litres of diesel per annum and associated savings in the foreign exchange due to reduction of import of crude oil.
Besides increasing self-employment, the proposal is likely to generate employment opportunity equivalent to 6.31 lakh job years for skilled and unskilled workers.
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