Home / Economy / News / NABARD, Agri Infra Fund Loans to be made available for PM-KUSUM scheme

NABARD, Agri Infra Fund Loans to be made available for PM-KUSUM scheme

PM-KUSUM or Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan Scheme is a flagship scheme of the central government to solarise agricultural areas and irrigation activities

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While 30 per cent of the cost of these projects would be met by the Centre, balance would be shared between the state and beneficiary farmer.

Shreya Jai New Delhi

3 min read Last Updated : Nov 27 2020 | 5:18 PM IST

Giving a push to enhanced use of clean energy in the agriculture sector, the Union Minister for Power, New and Renewable Energy, R K Singh, said loans from NABARD would be available for the PM-KUSUM scheme.

The minister said states' interest for these loans can be paid from the subsidy that states offer for agriculture power supply. Senior government officials also said funds for KUSUM would also be available from Agriculture Investment Fund (AIF). The Union cabinet in June this year approved AIF to provide medium to long term debt financing facility for investment in projects for post-harvest management infrastructure and

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