India Approves 3 Billion Rupees in Solar Pump Subsidies
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India approved 3 billion rupees ($49 million) in subsidies to help farmers install solar-powered water pumps to boost agricultural yields and reduce expensive diesel fuel use.
The Ministry of New and Renewable Energy will provide grants to install 17,500 irrigation pumping systems to 2016 funded by a carbon tax on coal, according to a notice posted today on its website.