How does the PM KUSUM Scheme aim to finance solar projects on agricultural land?

June 9, 2023

Daily Quiz on Current Affairs by Gkseries – 9 June 2023

(a) Through grants from international organizations
(b) By linking the scheme to the Agriculture Infrastructure Fund
(c) Through contributions from the farmers’ cooperative societies
(d) By attracting private investors in the renewable energy sector

Ans.(b)
Sol. The PM KUSUM Scheme aims to tap into the Agriculture Infrastructure Fund to provide farmers with cheaper loans for setting up solar projects and procuring equipment on agricultural land.