logo

All Exams

Notifications

All Exams

Explore All Exams at KGS

All Exams
Home>Current Affairs>PM Surya Ghar: Muft Bijli Yojana reaches nearly One-Fourth of the Target
Current Affairs made simple.

Current Affairs provides you with the best compilation of the Daily Current Affairs taking place across the globe: National, International, Sports, Science and Technology, Banking, Economy, Agreement, Appointments, Ranks, and Report and General Studies

banner-image

PM Surya Ghar: Muft Bijli Yojana reaches nearly One-Fourth of the Target

SYLLABUS

GS-2: Government policies and interventions for development in various sectors and issues arising out of their design and implementation

Context: A total of 23,96,497 households, which is around 23.96 per cent of the target, have been installed with rooftop solar systems, against the target of covering one crore households in the residential sector under the PM Surya Ghar: Muft Bijli Yojana (PMSG: MBY), by FY 2026-27.

More on the News

  • The PMSG: MBY is demand driven scheme, wherein all residential consumers in the country having grid connected electricity connection of the local DISCOM can avail the benefits of the scheme by applying on the National Portal of the scheme.
  • A total of 53,54,099 applications has been submitted through the National Portal.
  • A total of 19,17,698 rooftop solar systems has been installed across the country.
  • The scheme sets a target to cover 35 lakh households in FY 2025–26, thereby accelerating its implementation.

Key highlights of the Scheme

  • The scheme claims to provide 300 units of “free electricity” every month to one crore households.
  • Scheme provides central financial assistance of:  
  • Rs 30,000 subsidy for 1 kW system.
  • Rs 60,000 for 2 kW systems
  • Rs 78,000 for 3 kW systems or higher
  • Systems of higher wattage will not be eligible for Central subsidy.
  • Households will apply for subsidy through national portal and can select suitable vendor for installing rooftop solar.
  • Households can access collateral-free low-interest loan products of around 7% at present for installation.
  • Model Solar Village will be developed in each district to act as role model for adoption of rooftop solar in rural areas.

Significance of the Scheme

  • Households will be able to save electricity bills.
  • Households can earn additional income through sale of surplus power to DISCOMs.
  • It will result in addition of 30 GW of solar capacity through rooftop solar in the residential sector.
  • Guided by the Panchamrit Policy, as announced at COP26, Scheme helps to reach net zero emissions by 2070 and helps to meet fifty percent of its electricity requirements from renewable energy sources by 2030. 
  • Scheme will create around 17 lakh direct jobs in manufacturing, logistics, supply chain, soles, installation, O&M and other services

Source
Pib
Surya Ghar
Current Affair

footer image

The most trusted learning platform on your phone

With our training programs, learning online can be a very exciting experience! Take the next step toward achieving your professional and personal objectives

app-storeplay-store
logo
Khan Global Studies Pvt. Ltd. 5th Floor,
A13A, Graphix 1 Tower B, Sector 62,
Noida, Uttar Pradesh 201309

Course Related Query: [email protected] Store Related Query: [email protected]

Get Free Academic Counseling & Course Details

KGS best learning platform

About Khan Global Studies

We love learning. Through our innovative solutions, we encourage ourselves, our teams, and our Students to grow. We welcome and look for diverse perspectives and opinions because they enhance our decisions. We strive to understand the big picture and how we contribute to the company’s objectives. We approach challenges with optimism and harness the power of teamwork to accomplish our goals. These aren’t just pretty words to post on the office wall. This is who we are. It’s how we work. And it’s how we approach every interaction with each other and our Students.


What Makes Us Different

Come with an open mind, hungry to learn, and you’ll experience unmatched personal and professional growth, a world of different backgrounds and perspectives, and the freedom to be you—every day. We strive to build and sustain diverse teams and foster a culture of belonging. Creating an inclusive environment where every students feels welcome, appreciated, and heard gives us something to feel (really) good about.

Copyright 2025 KhanGlobalStudies

Have a question?

Get Free academic Counseling & Course Details

floatButton