PM Surya Ghar Muft Bijli Yojana
15.02.2024
PM Surya Ghar Muft Bijli Yojana , Daily Current Affairs , RACE IAS : Best IAS Coaching in Lucknow
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For Prelims:About PM Surya Ghar Muft Bijli Yojana,Expected benefits |
Why in the news?
Prime Minister of India launched PM Surya Ghar Muft Bijli Yojana to provide free electricity to its beneficiaries.
About PM Surya Ghar Muft Bijli Yojana:
- In this scheme, the central government will provide 300 units of free electricity per month to its beneficiaries by investing worth ₹75,000 crores.
- The free electricity scheme was earlier announced by the Finance Minister in an interim budget speech.
- Target: It aims to light up 1 crore households.
- Under the scheme, Urban Local Bodies and Panchayats shall be incentivised to promote rooftop solar systems in their jurisdictions.
- The Central Government will guarantee no financial burden on the people by providing significant subsidies directly to their bank accounts and offering highly concessional bank loans.
Expected benefits:
- Savings of up to fifteen to eighteen thousand rupees annually for households from free solar electricity and selling the surplus to the distribution companies;
- Charging of electric vehicles;
- Entrepreneurship opportunities for a large number of vendors for supply and installation;
- Employment opportunities for the youth with technical skills in manufacturing, installation and maintenance.
Source:LIVE MINT