With reference to the PM KUSUM Scheme consider the following statements 1 It is implemented by the M...........

Finance (Phase -I & II) Public Finance The union budget

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With reference to the PM KUSUM Scheme, consider the following statements:

1. It is implemented by the Ministry of New and Renewable Energy.

2. It will help to de-dieselise the agriculture.

Which of the above statements is/are correct?

1 only

2 only

Both 1 and 2

Neither 1 and 2

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Explanation:

The Government has approved Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM) Scheme to increase farmers’ income, provide a reliable source for irrigation and de-dieselise the farm sector.
It is implemented by the Ministry of New and Renewable Energy (MNRE). It has a total of three components:
i. Component A- Setting up of 10,000 MW of Decentralized Grid-Connected Renewable Energy Power Plants on barren land.
ii. Component B- Installation of 17.50 Lakh stand-alone solar agriculture pumps.
iii. Component C- Solarisation of 10 Lakh Grid Connected Agriculture Pumps.