Saubhagya Scheme: Know Saubhagya Yojana’s Benefits Online

What is Saubhagya scheme?

The Saubhagya scheme follows the government’s mission to consume electricity lines to every and every village in the country, including solar power stations in remote hamlets, which was rigorously implemented by coal and railways minister Piyush Goyal, which was earlier the minister for power, renewable electricity, coal and mines.

Saubhagya Scheme

Modi said the scheme would bring “significant change” in the lifestyle of the poor, as well as this was really feasible right after three years of change in the power sector.

Right after connecting every home with electricity, the government’s following target will be to stop lots shedding and provide 24×7 electrical power, said RK Singh, minister for power and sustainable energy. Officials said the scheme would inject Rs 16,000 crore into the economic situation, produce assets and create employment. Importantly, electricity would be billed without any subsidy.

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PM Announce Saubhagya scheme

The Pradhan Mantri Sahaj Bijli Har Ghar Yojna, named ‘Saubhagya scheme’, in which will be executed simply before the next basic elections, targets to enhance the environment, public health, education and connectivity with the help of last-mile power connectivities over India. That is going to help lower the usage of kerosene lamps in non-electrified households.

*The investment to get rural households is Rs 14,025 crore, when that for urban households is Rs 2,295 crore. The urban non-poor are really rejected from the scheme.

The passions of the poor determine the operating of our government,” the PM said.

Prime Minister Narendra Modi has really released a Rs 16,320-crore scheme to provide electrical power to all residential by December 2018, providing free of cost connections to the poor and at very cheap cost to others.

About 90% of the non-electrified houses are simply in Bihar, Uttar Pradesh, Maharashtra, Madhya Pradesh, Odisha, Jharkhand, Rajasthan, Karnataka, J&K and North-Eastern States.

* Rs 12,320 crore has likely been simply earmarked as gross financial support to get Saubhagya scheme.

” In the working of this particular government, all anyone could see is Garib Kalyan (welfare of the poor).

* The government said that scheme will inject even more than Rs 16000 crore in the economy to produce assets, which in make may add more investment in the economy and produce jobs.

The scheme would boost growth, said Kameswara Rao, PwC’s specialist for energy, utilities and mining. “That is an organic transition of government guideline from electrification of villages to linking households. Accessibility to energy is main to advancement and that project to expedite that access is strongly positive for growth.” He said last-mile connectivity has always been a huge challenge due high cost of connections for households and higher supply costs for states. “So this attempt to address both, by funding energy efficient equipment, is a positive step.”

Prime Minister Narendra Modi said on Monday he will not relent in his “battle against corruption” even as he sharpened his government’s development and welfarist image by announcing a mega scheme to provide electricity connections to four crore families deprived of regular power.

The Union government should provide a 60 per cent grant toward funding the scheme, though the states will provide a 10 per cent grant. The keeping amount will be covered by loans.

Saubhagya Yojana

The government explained this the scheme can ensure “a substitute to kerosene”. By switching kerosene use in rural areas it will save import expenditure.

Remote hamlets are going to be energy with solar energy panels along using five LED lamps, a DC fan, and a plug point throughout with repair and maintenance for five years, the government said. Under the Saubhagya scheme, electricity relationships may be provided totally free to individuals recognized through the Socio Economic and Caste Census of 2011while various other are going to acquire this for Rs 500, owed in 10 instalments within the bill, a government declaration said. The scheme assures on-the-spot registration of applications, that should feature an identity proof.

Benefits of Saubhagya scheme

The Saubhagya scheme mainly profits rural regions, in which possess the vast majority of households without power connections. Of the total outlay of Rs 16,320 crore, rural areas will get Rs 14,025 crore. The government said Rural Electrification Corporation are going to be the nodal organization for the scheme all throughout the country while common institutions and panchayats may be authorized to collect applications forms, distribute bills and collect payments in consultation with panchayati raj institutions and urban local bodies.

Saubhagya scheme carries out not visualize any subsidy for electricity consumption. This is, customers will provide to pay the statement as every their usage.

Singh mentioned states in which complete the scheme by December upcoming year will be provided an added 15% scholarship by the Centre as motivation. The scheme is being funded to the extent of 60% by central grants, 30% by banking loans and 10% by states.

The total expense for Saubhagya Scheme  is actually Rs 16,320 crore.

Modi introduced a Rs 16,000-crore scheme, Pradhan Mantri Sahaj Bijli Har Ghar Yojana (shortened to Saubhagya, meaning good fortune) that he said will probably deliver free electricity connections by December 2018. Though, these would known to pay the monthly power bill.

Earlier, speaking at the BJP national executive, Modi said, “The battle facing corruption will continue without compromise” and took a calculated swipe at Congress, adding, “I have no relatives.” The dig was focused at controversies surrounding Robert Vadra, the son-in-law of Congress chief Sonia Gandhi.

“Rs 16,000 crore should be spent to bring a monumental change in the lives of the poor,” the PM said while facing out that a large amount of people lacked electricity connections much more than a century after the development of the incandescent bulb. Even 70 years after Independence, four crore out of 25 crore families did not have a power connection.

Another 11 lakh are being built while two lakh houses are complete under JNNURM.

The scheme resonates the Modi government’s attention on delivering on schemes like housing, power, loans and farm insurance to key sections of the electorate. Alongside electrification, the PM Awas Yojana has sanctioned more compared to 26 lakh houses for the urban poor and more than 1.76 lakh units have been constructed.

Conclusion of Saubhagya scheme

Inspite of the opposition protest over actions like demonetization and application of GST, Modi claimed generally there will be no let-up in actions against corruption and anyone caught may be punished and launched saubhagya scheme. “The PM repeated that the battle against corruption is strict and anyone involved can not be spared,” finance minister Arun Jaitley said although rundown the media.

Source: http://timesofindia.indiatimes.com

http://economictimes.indiatimes.com

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