Home FEATURED Key Facts On: PM Modi’s Launched Saubhagya Yojana

Key Facts On: PM Modi’s Launched Saubhagya Yojana

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Saubhagya Yojana by Indian Government

Mumbai: On Monday, Prime Minister Narendra Modi launched the Saubhagya Yojana under the ‘Pradhan Mantri Sahaj Bijli Har Ghar Yojana’. The aim is to improve the environment, public health, education and connectivity with the help of last-mile power connections across India. This will lead in reduction of the usage of kerosene lamps in non-electrified households. Let’s look at facts about the Saubhagya Yojana




Key Facts:

 

1. In the Saubhagya Yojana, consumers will have to pay the bill as per their utilisation only.

2. The government’s idea behind bringing up this scheme is that it will ensure “a substitute to kerosene”. By substituting, the substantial decrement in the use of kerosene would help in saving the import expenditure in future.

 

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3. The government also clarifying on the scheme further said that this scheme will inject more than Rs 16000 crore in the economy so as to create assets and which in return will yield more investment in the economy and create jobs.

 

4. The total expenditure as plotted for the Saubhagya Yojana will cost around Rs 16,320 crore.

 

5. The outlay which has been designed and framed as such for rural households is Rs 14,025 crore while that for urban households is Rs 2,295 crore. Where-in the urban non-poor are exempted from the scheme.




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6. On the other side, Rs 12,320 crore has been earmarked as gross budgetary support for Saubhagya Yojana.

 

7. The Union government will invest about 60 per cent grant toward funding the scheme, whereas, the states will invest in about 10 per cent of the grant and remaining amount would be covered through loans.

 

8. PM Modi said that the Remote hamlets will be powered with solar panels along with five LED lamps, a DC fan and a plug point with repair and maintenance for five years. Importantly, under the Saubhagya Yojana, electricity connections will be given at free of cost only to the people identified under the Socio Economic and Caste Census of 2011, whereas, others will be getting it for Rs 500, which will be payable in 10 installments in the bill.

 

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9. The scheme promises on-the-spot registration of applications.

 

10. Government’s mission is to provide electricity connections to every village of the country, including solar power stations in remote hamlets.

 

PM Modi said that the scheme would bring “monumental change” in the lives of the poor and this vision was only possible after three years of reforms in the power sector; plus it will improve the quality of life of women undertaking the daily household chores.




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