Pradhan Mantri Surya Ghar Muft Bijli Yojana
The government has significantly increased the budget for this flagship rooftop solar programme, reflecting its commitment to clean energy solutions and enhancing energy security in India.
Budget and Financial Details
- Increased Budget: The budget has been increased by 80% to ₹20,000 crore for FY26.
- Revised Estimate for FY25: Originally set at ₹11,100 crore.
- Total Outlay: The scheme launched with a total outlay of ₹75,021 crore.
Goals and Implementation
- Target Households: Aim to reach 10 million households by FY27.
- Current Installations: Increased from previous figures to 800,000 households.
- Subsidy Offered: Up to 40% subsidy to make renewable energy more affordable.
Objectives and Benefits
- Empower Citizens: Encourages solar adoption among citizens for cleaner energy solutions.
- Strengthen Energy Security: Reinforces India's energy independence and security.
- Sustainable Development: Aligns with India’s commitment to sustainability and energy innovation.
Challenges and Future Expectations
- Areas for Improvement: Need to streamline loan and subsidy disbursements to reduce delays.
- Future Prospects: The government expects faster installation rates once current bottlenecks are resolved.
Overall, the Pradhan Mantri Surya Ghar Muft Bijli Yojana represents a significant step towards sustainable energy practices in India, with the potential to transform millions of households into self-reliant clean energy producers.