Government launches Saubhagya scheme for household electrification
Prime Minister Narendra Modi has launched Sahaj Bijli Har Ghar Yojana or ‘Saubhagya’, to supply electricity to poor households. The scheme will cover all rural families after electrification of all villages by December end, this year. The government said that states will be required to complete the household electrification by March 31, 2019.
The total outlay for the Saubhagya scheme will be Rs 16,320 crore. The rural household outlay is estimated to be Rs 14025cr, with Rs 2295cr being for urban households. The scheme will be funded by a 60 per cent grant from the government, with the states contributing 10 per cent and the remaining amount will be covered by loans.
For special category states, the government will grant 85 per cent of the outlay, with the states contributing just 5 per cent. The gross budgetary support for the scheme will be Rs 12,320 cr.