With reference to the lsquo Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan PM KUSUM rsqu...........

Agriculture and Rural Development (Phase-I/II) Water Resource

With reference to the ‘Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM)’ Scheme, consider the following statements

It has provisions for solar agriculture water pumps and solarisation of existing Grid connected Agriculture pumps.
It can reduce DISCOMs’ burden of subsidy on agriculture consumption of Electricity.
The nodal ministry for the scheme is the Ministry of Agriculture & Farmers Welfare.

Select the correct statement.

1&2 only

2&3 only

1&3 only

All of the above

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Explanation:

The Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) has provision for the decentralised renewable energy plants, Solar agriculture water pumps and solarisation of existing Grid connected Agriculture pumps.

As farmers will be less dependent on subsidized electricity, the PM KUSUM scheme will support the financial health of electricity distribution companies (DISCOMs) by reducing the burden of subsidy to the agriculture sector.
Helping Discoms: Electricity for agriculture is highly subsidised and is often termed as the main cause for rapid groundwater depletion and poor financial position of Discoms.
The scheme was launched by the Ministry of New and Renewable Energy (MNRE) in 2019.

Hence both statements 1&2 are correct.