Tag: pm kusum 2.0

Recently, some important announcements related to the PM KUSUM scheme have also been made. Has the government ensured benefits for common people and farmers in it? Will 2026 see the highest number of solar panel installations ever?

Now that the budget is out, the big question is what has the solar industry received from this budget? In the coming days, will installing a solar panel system at home become cheaper or more expensive? Will subsidy be reduced or increased? And what announcements have been made regarding the PM KUSUM scheme? Has the government taken care of your benefits?

The government has laid out a complete roadmap for the solar sector in this budget. Let me explain everything in detail.

Major Announcements in Budget 2026 for Solar Sector

1. PM KUSUM Scheme 2.0 – Big Boost for Farmers
The government has announced PM KUSUM 2.0. The budget allocation for this scheme has been increased by 45%.

• Subsidy for solar pumps used for irrigation has been increased.
• Farmers can now install solar panel systems on barren land up to 2 MW capacity.
• Approximately ₹500 crore has been allocated for this, which is a 45% increase from before.

This means the PM KUSUM scheme will now move forward at a much faster pace. Many farmers are already earning good income (₹6–7 lakh per month) by installing solar plants on their land. With this increased funding, more farmers can now benefit and increase their earnings significantly.

2. PM Surya Ghar Scheme – Higher Subsidy
Good news for homeowners! The subsidy under the PM Surya Ghar Muft Bijli Yojana has also been increased.

• Earlier, for a 3 kW rooftop solar system, you used to get ₹78,000 subsidy.
• Now, for a 2 kW system, the subsidy has been increased to ₹80,000.
• For 1 kW system, subsidy was around ₹30,000 earlier. For 2 kW, it was ₹60,000. The government has now increased the subsidy amount by nearly ₹20,000.

This will make rooftop solar systems much more affordable for common people.

3. Strong Push for Domestic Solar Manufacturing
To promote “Make in India” in solar, the government has allocated ₹24,000 crore under the PLI (Production Linked Incentive) Scheme.

• Earlier allocation was ₹19,000 crore.
• Now it has been increased to ₹24,000 crore.

This will encourage more companies to set up solar panel and solar cell manufacturing factories in India.

4. Focus on Battery Storage (BESS)
The government has also proposed to reduce GST on Battery Energy Storage Systems (BESS). Earlier, hybrid and storage-based solar systems had 18% GST, while normal solar products had only 5%. Reducing GST on storage systems will make hybrid and off-grid solar systems cheaper in the coming days.

What Does This Mean for You?

• Installing solar panel systems is going to become more attractive and affordable in 2026.
• Farmers can earn extra income through PM KUSUM by installing solar plants on their land.
• Homeowners will get higher subsidy under PM Surya Ghar scheme.
• Domestic manufacturing is being strongly encouraged, which will help reduce dependence on imported panels in the long run.

I believe 2026 will see the highest number of solar installations in India so far.

My Advice

If you have not yet applied for solar under the PM Surya Ghar Yojana, don’t delay. Register yourself immediately on the official website: pmsuryaghar.gov.in

The more people apply, the longer the waiting time may become. So register early and take maximum advantage of the subsidy. The money you invest will recover quickly through electricity bill savings.