Which benefit is NOT included in 'PM – Surya Ghar: Muft Bijli Yojana'?

Correct option is D

​The correct answer is (d) Reduced electricity costs for the private sector.

Explanation:

• The 'PM – Surya Ghar: Muft Bijli Yojana' is a government initiative launched to promote solar energy adoption in households by providing subsidized solar panel installations.
• It aims to increase the use of renewable energy and offer free electricity up to 300 units per month for residential consumers.
• The scheme does not specifically aim to reduce electricity costs for the private sector,

Information Booster:

PM Surya Ghar Muft Bijli Yojana

• Launched on: February 15, 2024.
• Objective: Provide free electricity to households through rooftop solar panel installations.
• Subsidy: Covers up to 40% of the solar panel cost.
• Beneficiaries: One crore families to receive up to 300 units of free electricity per month.
• Annual Savings: Up to Rs 18,000 per household.
• Government Savings: Estimated at Rs 75,000 crore annually.
• Total Outlay:Rs 75,021 crore, to be implemented till FY 2026-27.

Benefits

• Free electricity for households.
• Reduced government expenditure on electricity.
• Increased use of renewable energy.
• Reduction in carbon emissions.

Eligibility Criteria

• The household must be an Indian citizen.
• Must own a house with a suitable roof for solar panel installation.
• Must have a valid electricity connection.
• Must not have availed any other subsidy for solar panels.

Role of DISCOMs (Distribution Companies)

• State Implementation Agencies (SIAs) for net metering, inspections, and installations.
• Receive incentives for exceeding baseline installation targets.
• Total incentives outlay:Rs 4,950 crore.