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The light depends on the plants you want. Plants are chosen for looks and how hard they are to care for. I went with low light plants when I had a planted tank and the light that came with my tank was good for growing them. I also went with basic yellow neo shrimp because they were easy to care for.
A standard LED should be fine if you're just going with low-light plants. You could go with some Java Moss, Java Fern, and/or some crypts, which I don't have but am told are dead simple to keep. I found a neat list here that could be helpful.
For the shrimp, your best bet would probably be to go with a variety of Neocardina Heteropoda, commonly called Red Cherry Shrimp. They come in a few different colour morphs so you'd have some choice. My favourite morph is the blue velvet. I wouldn't recommend mixing two colours though, as if they breed it might not be all that pretty.
They're a different species, I believe. I'm pretty sure they're more difficult to keep and don't breed quite as readily, but don't let that stop you if they're what you want!