Latest news with #PMSuryaGharYojana
India Today
4 days ago
- General
- India Today
Delhi government's 100-day report card: Free coaching, digital schools and more
In the first 100 days, our government has balanced faith with focused action—100 days of belief, and 100 days of dedicated by the ideals of Atal Bihari Vajpayee and guided by the vision of Prime Minister Narendra Modi, Chief Minister Rekha Gupta's administration is firmly rooted in the principle of Antyodaya—uplifting the poorest of the that end, 2,500 new homes are currently under construction for economically weaker sections. A budget allocation of ?700 crore has been sanctioned to improve sanitation infrastructure, with a focus on building toilets and bathrooms in slum areas, significantly improving the quality of life for In the field of higher education, financial grants have already been disbursed directly to the accounts of 12 colleges affiliated with Delhi University. The administration has reinstated scholarships for students from families with annual incomes up to Rs 3 lakh—an initiative that had previously been the importance of accessible education, the government has launched a plan within its first 100 days to provide free coaching for entrance exams like NEET and CUET. Additionally, 75 CM Shri Schools will be opened under the Antyodaya initiative to ensure that underprivileged children have access to quality integration is also underway: 250 government schools will soon be equipped with digital libraries and modern learning tools. Furthermore, 100 schools will receive state-of-the-art language laboratories to expose students to multiple languages and broaden their global a move to encourage academic excellence, 1,200 meritorious students will receive laptops this September, and 2,200 deserving students will be provided free coaching at top-tier the energy and welfare front, the government has introduced an electricity subsidy and extended the benefits of the PM Surya Ghar Yojana to eligible to streamline the EWS admission process have yielded positive results, with 28,000 children successfully admitted under the quota—free from irregularities or just 100 days, the foundation has been laid for a future where opportunity and dignity are not privileges, but guarantees—for every citizen, especially the most marginalised.(With inputs from Ashish Sood)Trending Reel
Time of India
09-05-2025
- Business
- Time of India
REC to provide about Rs 2.5 lakh cr finance for renewable energy projects till 2030
New Delhi: State-owned non-banking finance firm REC Ltd will increase its exposure to renewable energy projects by about ₹2.5 lakh crore in next six years to aid India's target of having 500 GW of non-fossil fuel energy by 2030. REC currently has an exposure of about ₹53,000 crore in renewable energy projects with a total loan book of ₹5.67 lakh crore as on March 31, 2025. The company has planned to achieve a loan book of ₹10 lakh crore including ₹3 lakh crore exposure in renewable energy project by 2030. Renewable energy is a key area where the company will focus in the coming six years in view of nation's ambitious target of having 500 GW renewable energy by 2030. Talking to PTI, REC Chairman and Managing Director Jitendra Srivastava said, "Currently, our loan book stands at around 5.67 lakh crore. and we are trying to aim for a loan book of 10 lakh crore by 2030. Out of this, we would like to see the renewable sector touching around 3 lakh crore, which is currently around ₹52,000 crore to ₹53,000 crore. So we are hopeful. We would like to push the sector." He said the company will be fairly aggressive in the renewable energy sector. India's installed renewable energy capacity is about 220 GW as of March 31, 2025, which includes around 48 GW large hydro power project, over 50 GW wind energy and about 106 GW solar projects. India needs to add 50 GW of renewable energy capacity per annum till 2030 to achieve the target of 500 GW. Thus the nation needs a lot of investment and finance facility to achieving this tall order. The government has appointed REC as the nodal agency for implementing roof-top solar scheme ' PM Surya Ghar Yojana '. About the progress on the scheme, Srivastava said, "We have a target of 1 crore households for PM Surya Ghar Yojana, out of which 51 lakh applications have come in. Out of this, 12 lakh people have already received it and we are trying to complete our target of 1 crore households in next two years." About reducing the net credit impaired assets or bad loans, he stated that the company is targeting zero bad loans this fiscal, which has already been brought down to 0.38 per cent from 0.86 per cent a year ago. He also informed that there are 12 cases of bad loans and the company is working on them.
&w=3840&q=100)
Business Standard
08-05-2025
- Business
- Business Standard
REC to provide Rs 2.5 trn finance for renewable energy projects till 2030
State-owned non-banking finance firm REC Ltd will increase its exposure to renewable energy projects by about Rs 2.5 trillion in next six years to aid India's target of having 500 GW of non-fossil fuel energy by 2030. REC currently has an exposure of about Rs 53,000 crore in renewable energy projects with a total loan book of Rs 5.67 trillion as on March 31, 2025. The company has planned to achieve a loan book of Rs 10 trillion including Rs 3 trillion exposure in renewable energy project by 2030. Renewable energy is a key area where the company will focus in the coming six years in view of nation's ambitious target of having 500 GW renewable energy by 2030. Talking to PTI, REC Chairman and Managing Director Jitendra Srivastava said, "Currently, our loan book stands at around 5.67 trillion. and we are trying to aim for a loan book of 10 trillion by 2030. Out of this, we would like to see the renewable sector touching around 3 trillion, which is currently around Rs 52,000 crore to Rs 53,000 crore. So we are hopeful. We would like to push the sector." He said the company will be fairly aggressive in the renewable energy sector. India's installed renewable energy capacity is about 220 GW as of March 31, 2025, which includes around 48 GW large hydro power project, over 50 GW wind energy and about 106 GW solar projects. India needs to add 50 GW of renewable energy capacity per annum till 2030 to achieve the target of 500 GW. Thus the nation needs a lot of investment and finance facility to achieving this tall order. The government has appointed REC as the nodal agency for implementing roof-top solar scheme 'PM Surya Ghar Yojana'. About the progress on the scheme, Srivastava said, "We have a target of 1 crore households for PM Surya Ghar Yojana, out of which 51 lakh applications have come in. Out of this, 1.2 million people have already received it and we are trying to complete our target of 1 crore households in next two years." About reducing the net credit impaired assets or bad loans, he stated that the company is targeting zero bad loans this fiscal, which has already been brought down to 0.38 per cent from 0.86 per cent a year ago. He also informed that there are 12 cases of bad loans and the company is working on them.
