One of the ambitious schemes undertaken by the Government of India is Pradhan Mantri Kisan Urja Suraksha e-Vam Yojana, which is commonly referred to as PM SURYODAY YOJANA. It proposes the concept of introducing renewable energy in the agriculture sector. The flagship scheme tries to equip farmers with generation capabilities of their own electricity through the building of solar power plants. Tapping the vast sunlight in India, PM Suryoday Yojana aims to reduce dependence on fossil fuels, offer productive income for millions of farmers, and make major contributions toward the country’s energy security.

Benefit of PM Sunnyoday Yojana

Under the PM Suryoday Yojana run by the Government of India, solar panels are installed on the roofs of people’s houses. Under this scheme, the aim is to reduce the electricity bill to zero. Prime Minister Modi announced this scheme from Ayodhya on January 22. One crore people will be benefited from this scheme.

Key Features of PM Sunnyoday Yojana:

• Subsidies: The policy delivers significant financial benefits to farmers who intend to establish solar power facilities on their agricultural properties. Subsidy renders the cost of producing solar energy much more affordable and achievable to farmers.
• This can be connected to a grid for the government to buy surplus electricity from the farms at a pre-instituted tariff. This acts as a good source of income for farmers, especially during non-agriculture seasons.
• Pump Sets: The program promotes the installation of grid-independent solar-powered pump sets for irrigation, as it reduces reliance on the grid supply for agriculture purposes.
• Community Solar Plants: PM Suryoday Yojana provides facilities for community solar plants, which provide an advantage for several farmers to take benefits under one plant. Capacity Building: The government initiates capacity building of farmers for greater enlightenment on technical aspects associated with the solar energy and financial gains achieved by installing solar power plants.

PM Sunnyoday Yojana These people will not get the benefit

Under PM Suryoday Yojana benefits are not given to those people who come under the ambit of paying tax. Also, people who are in government jobs or whose family members are in government jobs are also not given benefits under Pradhan Mantri Suryodaya Yojana.

Challenges and Opportunities:

• Investment Costs: Although the subsidies are available, the set up of a solar power plant will still require a excessive preliminary investment for some farmers.
• Grid Integration: That is to say, the solar power plants must integrate with the grid without friction for the scheme to be successful.
• Policy Support: Attracting private investment requires a favorable policy environment as well as ensuring the long-term sustainability of PM SURYODAYA YOJANA.

Conclusion

The PM Suryoday Yojana happens to be a very visionary scheme by which millions of Indian farmers can be transformed. In the coverage, this scheme has confluence of energy security, environmental sustainability, and rural development for promoting renewable energy and empowering farmers. As the scheme is developing and maturing, there are urgent needs for addressing various challenges and design this scheme for long-term success.