Why in news?
Government banks have approved over 5.79 lakh loan applications worth ₹10,907 crore under this scheme by September 2025, showing strong financial support for rooftop solar installations.
 
Key Features of PM Surya Ghar Muft Bijli Yojana

• Free monthly electricity of up to 300 units for 1 crore homes.
• Subsidy covering 60% cost for solar systems up to 2 kW, and 40% for systems between 2-3 kW.
• Subsidy credited directly into beneficiaries' bank accounts.
• Collateral-free concessional loans up to Rs 2 lakh for solar system installation.
• The scheme encourages employment opportunities through solar panel supply, installation, and maintenance.
• Households can sell surplus electricity back to their local utilities, generating extra income.
• Implementation is integrated with a national online portal to streamline applications and approvals.

The scheme represents a significant step towards India's energy sustainability, enhancing energy independence while reducing household electricity costs and environmental impact.

Download Pdf