Sale of solar-powered pumpsets on the rise
Failure of monsoon in some States, delays in getting a power connection for agriculture and government subsidies have contributed to an increase in the sale of solar-powered pumpsets in the country.
According to the Indian Pump Manufacturers’ Association (IPMA), sale of solar- powered pumpsets saw more than 50% growth in 2016-2017 compared to the previous year.
A farmer gets ?2.16 lakh as subsidy for a five HP pumpset and the scheme expired last month. If the subsidy continues this financial year too, solar-powered pumpset sales might see even a 100% growth.