Solar Energy – JNNSM, Solar Cities, Solar Pumps, etc.

Launch of PM Surya Ghar: Muft Bijli Yojana

Note4Students

From UPSC perspective, the following things are important :

Prelims level: PM Surya Ghar Muft Bijli Yojana, 300 Units Cap

Mains level: Solar Energy Transition

Introduction

  • Prime Minister has launched PM Surya Ghar: Muft Bijli Yojana to provide free electricity to its beneficiaries.

About PM Surya Ghar Muft Bijli Yojana

Description
Purpose To provide 300 units of free electricity per month to beneficiaries through an investment of ₹75,000 crores.
Announcement Initially announced in an interim budget speech by the Finance Minister.
Target Aimed to light up 1 crore households.
Incentive for Renewable Energy Urban Local Bodies and Panchayats incentivized to promote rooftop solar systems.
Financial Support Central Government guarantees no financial burden on people through subsidies directly to bank accounts and highly concessional bank loans.
Expected Benefits – Annual savings of ₹15,000 to ₹18,000 for households

– Charging of electric vehicles

– Entrepreneurship opportunities

– Employment opportunities for youth with technical skills.

 

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