What is Suryodaya Yojana and why is it important?
Pradhanmantri Suryodaya Yojana is a scheme launched by Prime Minister Narendra Modi on January 22, 2024, immediately after his visit to Ayodhya for the consecration of Ram temple . The scheme aims to install rooftop solar systems in 10 million (1 crore) houses across India, especially for low and middle-income individuals .
The scheme is important for several reasons:
- It will reduce the electricity bill of the poor and middle class, as they can use solar power for their domestic needs and sell the surplus to the grid .
- It will make India self-reliant in the energy sector, as it will increase the share of renewable energy in the country’s power mix and reduce dependence on fossil fuels .
- It will contribute to India’s climate goals, as it will reduce greenhouse gas emissions from the power sector and promote clean energy.
How will the Suryodaya Yojana work and who will benefit?
The scheme will work through a national campaign to mobilize residential segment consumers to adopt rooftop solar in large numbers . The government will provide subsidies and incentives to the consumers to install rooftop solar systems, along with technical and financial assistance.
The scheme will benefit millions of households across India, especially those who are low and middle-income earners. They will be able to access cheap and reliable electricity from solar power, and also earn extra income by selling the excess power to the grid. This will improve their quality of life and economic opportunities.
What are the challenges and opportunities for Suryodaya Yojana ?
The scheme faces some challenges, such as:
- The high upfront cost of installing rooftop solar systems, which may deter some consumers from opting for the scheme.
- The lack of awareness and trust among consumers about the benefits and feasibility of rooftop solar systems.
- The regulatory and policy barriers that may hinder the smooth implementation of the scheme, such as grid connectivity, net metering, tariffs, etc..
The scheme also offers some opportunities, such as:
- The potential to create jobs and livelihoods for thousands of people involved in the rooftop solar sector, such as installers, technicians, manufacturers, etc..
- The possibility to enhance India’s global leadership in renewable energy and climate action, as it will showcase its commitment and innovation in promoting clean energy.
- The opportunity to foster social inclusion and empowerment, as it will enable more people to access electricity and participate in the energy transition.