PM Surya Ghar scheme Approved- know key points and challenges

Ambitious program offers financial aid for rooftop solar panels, promising energy savings and job creation.

In a significant push for renewable energy and energy independence, the Indian government has approved the “PM Surya Ghar: Muft Bijli Yojana” (Rooftop solar scheme). This ambitious program aims to provide financial assistance to 1 crore (10 million) families to install rooftop solar panels, enabling them to generate their own electricity and potentially save on their bills.

Here are Four Key Points that you should know:

  • Financial Assistance: The government will provide a central financial assistance (CFA) of up to ₹78,000 (around $1,000) per household to cover a portion of the installation cost. This subsidy varies depending on the capacity of the system, with higher capacities receiving greater support.
  • Free Electricity Potential: The program targets to provide up to 300 units of free electricity per month to beneficiary families. This is expected to significantly reduce their electricity bills and potentially eliminate them for some households.
  • Job Creation: The government estimates that the scheme will create around 17 lakh (1.7 million) direct jobs across various sectors like manufacturing, installation, and maintenance.
  • Environmental Benefits: By adding 30 GW of solar power generation capacity, the scheme aims to reduce carbon dioxide emissions by 720 million tonnes over the lifetime of the systems.

The PM Surya Ghar Yojana is a bold initiative with the potential to transform India’s energy landscape. It could empower millions of families with greater control over their energy needs, reduce their dependence on the traditional grid, and contribute significantly to India’s clean energy goals.

Challenges and Considerations:

  • Implementation: Successfully rolling out such a large-scale scheme across a vast and diverse country like India will require efficient implementation and addressing logistical challenges.
  • Loan Accessibility: While low-interest loan options are available, ensuring easy access to credit for all eligible families will be crucial.
  • Rooftop Suitability: Not all households may have suitable rooftops for solar panel installation. Addressing this aspect and providing alternative solutions will be important.

Overall, the PM Surya Ghar Yojana represents a significant step towards a more sustainable and self-reliant future for India. Its success will depend on effective implementation, addressing potential challenges, and ensuring equitable access for all beneficiaries.