
1 crore households to get rooftop solar panels by 2026-27 under PM Surya Ghar scheme, govt tells Lok Sabha
Union Minister Pralhad Joshi announced the PM Surya Ghar Muft Bijli Yojana (PM-SGMBY) aiming to install rooftop solar plants in one crore households by 2026-27. The government is also implementing the PM-KUSUM scheme to promote renewable energy. A study estimates 13 lakh jobs in the renewable energy sector by June 2025, with significant renewable energy capacity installed in Madhya Pradesh.

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New Indian Express
an hour ago
- New Indian Express
First-time employees to earn Rs 15,000 from August 1
HYDERABAD: In a bid to boost formal employment and social security coverage, Regional Provident Fund Commissioner (Sangareddy) Vishal Agarwal has urged employers and first-time employees to take advantage of the newly launched Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY). Approved recently by the Union Cabinet, the scheme aims to incentivise job creation, particularly in the manufacturing sector, while promoting financial inclusion and long-term economic security, he added. Vishal Agarwal said the scheme, which will be officially launched nationwide on August 1, offers substantial benefits to both employers and employees and is in line with the government's broader push for formalising India's workforce. 'With a total financial outlay of Rs 99,446 crore over four years, PM-VBRY aims to generate 3.5 crore new jobs across the country. The initiative will be rolled out simultaneously across all EPF offices and related departments to ensure widespread awareness and adoption,' he added. Speaking to the media, Vishal Agarwal explained that the scheme is divided into two components. Part A targets first-time employees who begin working from August 1, and are registered with EPFO via a Universal Account Number (UAN). Eligible employees will receive a one-time benefit of Rs 15,000 in two instalments, one after six months and another upon completing a financial literacy programme. A portion of the incentive will be credited into a locked savings account, aimed at encouraging financial discipline and long-term planning. Part B provides incentives to employers for job creation. Establishments in general sectors will receive support for two years, while those in the manufacturing sector will be eligible for four years. Scale of EPFO operations in TG for FY2024-25


Hindustan Times
an hour ago
- Hindustan Times
India outpaces Japan in solar energy generation, becomes 3rd-largest producer
India has outpaced Japan in solar energy generation, producing 1,08,494 GWh, making it the world's third-largest after China and the US, Union new and renewable energy minister Pralhad Joshi said on Thursday. India was on track to fulfil its commitments at COP26 held in Glasgow. ( 'India has outpaced Japan in solar energy generation — producing 1,08,494 GWh compared to Japan's 96,459 GWh — and is now the world's third-largest solar power producer. Thanks to the visionary leadership of Hon'ble PM Shri @narendramodi ji, India is leading the way in the global clean energy revolution,' Joshi said on X. According to the International Energy Agency's 2024 data, China led in solar PV capacity additions. It added 260 GW in 2023, close to triple the previous year. China's 14th Five-Year Plan for Renewable Energy in 2022 set ambitious targets for deployment, which are expected to drive further capacity growth. The US included generous new funding for solar PV in the Inflation Reduction Act (IRA) in 2022. PV additions in the US increased in 2023 by 70%, reaching a record 32 GW. India installed 12 GW of solar PV in 2023, one-third below the 2022 growth. Deployment is expected to ramp up significantly in 2024 as supply-chain challenges ease and expanded auction volumes translate into a project pipeline. Brazil added 15 GW of solar PV capacity in 2023, close to 30% more than in the previous year. India, which achieved one of its nationally determined contributions (NDCs) under the Paris Agreement five years in advance, has crossed its target of installing 50% of its power capacity from non-fossil sources. India's updated NDCs under the agreement submitted in August 2022 said the country aims to reduce the emissions intensity of its GDP to 45% by 2030 from the 2005 level. India seeks to increase the share of non-fossil fuel-based energy resources to 50% of its installed power generation capacity by 2030 and create an additional carbon sink of 2.5 to 3 billion tonnes of CO2 equivalent through additional forest and tree cover by 2030. As of June 30, India's total energy capacity was 484.8 GW, with 242.04 GW (49.92%) from thermal/coal, 8.78 GW (1.81%) from nuclear, and 234.00 GW (48.27%) from renewable sources. India was on track to fulfil its commitments at COP26 in Glasgow. At COP26, Prime Minister Narendra Modi said India will increase its non-fossil fuel energy capacity to 500 GW by 2030 and fulfil 50% of its energy requirements from renewable energy sources by 2030. Modi spoke about reducing India's total projected carbon emissions by one billion tonnes, reducing the carbon intensity of its economy by 45% by 2030, and achieving the target of net zero emissions by 2070.


Time of India
an hour ago
- Time of India
Solar panels to be installed in group housing societies
New Delhi: Delhi govt is going to identify cooperative group housing societies and dairy cooperative societies for the installation of solar panels under PM Surya Ghar Muft Bijli Yojana . Senior officials of the ministry of cooperatives recently held a meeting with the officials of the registrar of cooperative societies for this purpose. Both central govt and Delhi govt offer a subsidy on the installation of rooftop solar panels. According to officials, Delhi govt has adopted a focused campaign to popularise the installation of rooftop solar panels under the scheme by involving cooperative societies. A joint secretary in the Union ministry of cooperation discussed the strategies for implementing the scheme through cooperative societies. "It was decided in a meeting that at least one housing cooperative society and one dairy society be identified under the initial phase," said an official of the Delhi's registrar of cooperative societies. The official added that managing committees, unions and federations of cooperative group housing societies have been requested to start identifying a housing cooperative society with enough space for rooftop solarisation. Though Delhi govt has been pushing for the popularisation of rooftop solar power , it has not picked up much. Delhi govt has even increased the subsidy component on the installation of the plants and made the process easier. "Delhi govt recently approved a subsidy of Rs 30,000 as a top-up subsidy over and above that provided under PM Surya Ghar Muft Bijli Yojna. Hence, a total subsidy of Rs 1.08 lakh (including Rs 78,000 provided by the Centre) can be availed on the installation of a rooftop solar plant of 3 kW capacity," said another official. PM Surya Ghar Muft Bijlee Yojana is a central govt scheme aimed at providing free electricity to one crore households in India, who opt to install rooftop solar electricity units.