PM Surya Ghar - Muft Bijli Yojana Flashcards

1
Q

What was this scheme named earlier ?

A

PM Suryodaya Yojana

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2
Q

When was this launched ?

A

Feb 2024

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3
Q

Total budget ?

A

75000cr

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4
Q

Benefits ?

A

30k subsidy for 1kW system
60k subsidy for 2kW system
78k for >3kW rooftop solar systems
Collateral free loans at 7%

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5
Q

Target ?

A

Rooftop solar systems in 1cr households

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6
Q

Additional benefit ?

A

The unused excess solar power can be sold to earn additional income

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7
Q

Nodal ministry ?

A

Min of New and Renewable Energy

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8
Q

Who is providing loans ?

A

Rural Electrification Company (REC) through 8 PSUs

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