Context:
Recently, Cabinet approved Rs 75,000 crore ‘free electricity’ solar scheme.
PM-Surya Ghar: Muft Bijli Yojana:
- Aim –To provide 300 units of ‘free electricity’ every month to 1 crore households through rooftop solar installations
- Ministry: Ministry of New & Renewable Energy
- Central subsidy –
- 60% of the cost for installing for 2 kW systems
- 40% of the cost for systems from 2-3 kW capacity
- Systems of higher wattage are not eligible
- Structure of Central Financial Assistance (CFA) for Residential RTS –
- up to Rs. 30,000/- per kW up to 2 kW
- up to Rs. 18,000/- per kW for additional capacity up to 3 kW
- up to Rs 78,000 for systems larger than 3 kW
- Loan for installation of residential RTS –
- Up to 3 kW, households can access collateral-free low-interest loan products of around 7% for installation of RTS systems
- National Portal facilitates households –
- With subsidies applications and finding a suitable vendor for installing rooftop solar
- In decision-making by providing relevant information needed
- Model Solar Village – For the adoption of RTS in rural areas 1 village will be developed in each district to act as a role model
- Incentives to local bodies – Incentivises Urban Local Bodies and Panchayati Raj Institutions to promote RTS installations in their areas
- Solar capacity addition –30 GW of solar capacity addition through RTS in residential sector
Read more about: PM Suryodaya Yojana
Source: The Hindu
Previous Year Question
What is/are the advantage/ advantages of implementing the ‘National Agriculture Market’ scheme?
1. It is a pan-India electronic trading portal for agricultural commodities.
2. It provides the farmer’s access to the nationwide market, with prices commensurate with the quality of their produce.
Select the correct answer using the code given below:
[UPSC Civil Services Exam – 2017 Prelims]
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer: (c)
