Syllabus: GS-I, Subject: Current Affairs, Topic: Schemes/Policies/Programmes, Issue: PM-Surya Ghar: Muft Bijli Yojana
Context: The Union Cabinet approved a ₹75,021-crore package for the “PM-Surya Ghar: Muft Bijli Yojana” (PM Free Electricity scheme)
PM-Surya Ghar: Muft Bijli Yojana:
- To promote rooftop solar (RTS) installations in India.
- To provide 300 units of “free electricity” every month to one crore
Funding Mechanism:
- The Centre will fund 60% of the cost for installing 2 kW (kilowatt) systems and 40% of the cost for systems from 2-3 kW capacity.
- For the remaining costs, households will be able to “access collateral-free low-interest loans”.
A “Model Solar Village” will be developed in each district to act as a role model for adoption of RTS in rural areas.