With reference to the 'Pradhan Mantri Surya Ghar Muft Bijli Yojana', consider the following statements:
- The scheme was launched on February 15, 2024, and aims to provide free electricity to households in India.
- The subsidy under the scheme covers up to 40% of the cost of solar panels.
- DISCOMs will not play any role in the implementation of the scheme.
- The scheme has an outlay of Rs 75,021 crore and is to be implemented till FY 2026-27.
Which of the statements given above is/are correct?
Explanation: The Pradhan Mantri Surya Ghar Muft Bijli Yojana is a government scheme launched on February 15, 2024, aiming to provide free electricity to one crore households by offering subsidies for rooftop solar panel installation. The subsidy covers up to 40% of the solar panel costs. The scheme has a total outlay of Rs 75,021 crore and is set to be implemented until the fiscal year 2026-27. It is estimated that this initiative will save the government Rs. 75,000 crore annually in electricity costs.
Under the scheme, Distribution Companies (DISCOMs) are designated as State Implementation Agencies (SIAs). They are responsible for facilitating measures such as net meter availability, timely inspections, and commissioning of the solar installations. DISCOMs will receive financial incentives based on their performance in adding grid-connected rooftop solar capacity beyond a set baseline. To be eligible for the scheme, a household must be an Indian citizen, own a house with a roof suitable for solar panels, have a valid electricity connection, and must not have availed any other subsidy for solar panels.
Explanation: The Pradhan Mantri Surya Ghar Muft Bijli Yojana is a government scheme launched on February 15, 2024, aiming to provide free electricity to one crore households by offering subsidies for rooftop solar panel installation. The subsidy covers up to 40% of the solar panel costs. The scheme has a total outlay of Rs 75,021 crore and is set to be implemented until the fiscal year 2026-27. It is estimated that this initiative will save the government Rs. 75,000 crore annually in electricity costs.
Under the scheme, Distribution Companies (DISCOMs) are designated as State Implementation Agencies (SIAs). They are responsible for facilitating measures such as net meter availability, timely inspections, and commissioning of the solar installations. DISCOMs will receive financial incentives based on their performance in adding grid-connected rooftop solar capacity beyond a set baseline. To be eligible for the scheme, a household must be an Indian citizen, own a house with a roof suitable for solar panels, have a valid electricity connection, and must not have availed any other subsidy for solar panels.