PM SURYA GHAR MUFT BIJLI YOJANA

PRELIMS BITS

• Objective: To install rooftop solar (RTS) systems for 1 crore households, providing free electricity for up to 300 units per month.
• Components:
  • The scheme includes a Model Solar Village initiative and other innovative projects across districts in India.
• Subsidy and Loans:
  • The government offers a subsidy of up to 40% based on household consumption and provides collateral-free loans for RTS installation.
• Budget Allocation:
  • The government has increased the allocation for this scheme by 80%, bringing it to ₹20,000 crore for FY 2025-26.
• Significance:
  • The initiative aims to reduce household energy costs and boost renewable energy adoption, which will contribute to India’s transition towards sustainable energy.