In December 2024, as per Ministry of New and Renewable Energy the number of installations under the PM Surya Ghar: Muft Bijli Yojana are expected to reach _____ crores by March 2027.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2: 1 Crore.
Explanation:
According to information shared by the Ministry of New and Renewable Energy (MNRE) in December 2024, the 'PM Surya Ghar: Muft Bijli Yojana' (Free Electricity Scheme) aims to install rooftop solar panels in 1 crore households by March 2027.
Launch of the Scheme: This scheme was announced by Prime Minister Narendra Modi in February 2024.
Key Objectives: To provide up to 300 units of free electricity per month to 1 crore households and to enhance family incomes through solar energy.
Budget: The Central Government has allocated an outlay of over ₹75,000 crore for this ambitious project.
Subsidy: The government provides a subsidy of 60% of the cost for systems up to 2 kilowatts (kW) and 40% of the additional cost for systems ranging between 2 and 3 kW.
Benefits of the Scheme:
- Free Electricity: Eligible families will receive relief on their electricity bills for up to 300 units of consumption.
- Additional Income: Families can earn between ₹15,000 and ₹18,000 annually by selling surplus electricity—generated in excess of their own requirements—back to the grid.
- Environmental Protection: There will be a significant reduction in carbon emissions, and the use of renewable energy will be promoted.
- Employment Generation: A large number of employment opportunities will be created for the youth in the fields of manufacturing, installation, and maintenance of solar panels.
Additional Facts:
- National Solar Mission: This scheme constitutes a crucial component of India's target to achieve 500 GW of non-fossil fuel-based energy capacity by 2030.
- Registration: Citizens can apply for this scheme through the portal 'pmsuryaghar.gov.in'.
Potential Question for Upcoming Exams:
Question: Under the PM Surya Ghar Scheme, up to how many units of free electricity are provided?
Answer: 300 units per month. Question: What percentage of subsidy does the government provide for solar systems up to 2 kW?
Answer: 60% (of the benchmark cost).
Question: What is the total budgetary outlay for this scheme?
Answer: ₹75,021 crore.