Gujarat launches SKY Scheme for farmers to generate solar power

  • The Gujarat government on June 23, 2018 launched a solar power scheme for farmers- Suryashakti Kisan Yojana (SKY) enabling them to generate electricity for their captive consumption as well as sell the surplus power to the grid and earn an extra money.
  • The pilot project of the scheme was launched by chief minister Vijay Rupani in Gandhinagar .
  • As per the scheme, farmers having existing electricity connection will be given solar panels as per their load requirements. The State and Central governments will give 60 per cent subsidy on the cost of project. The farmer is required to take 5 per cent cost, while 35 per cent will be provided to him as an affordable loan with interest rates of 4.5-6 per cent.
  • The scheme duration is 25 years, which is split between 7-year period and 18-year period.
  • For the first 7 years, farmers will get per unit rate of Rs 7 (Rs 3.5 by GUVNL + Rs 3.5 by state govt). For the subsequent 18 years they will get the rate of Rs 3.5 for each unit sold

Important Questions:

  1. Which state has launched Suryashakti Kisan Yojana (SKY)?
  2. Suryashakti Kisan Yojana (SKY) is related to?
  3. Who is the CM of Gujarat?
  4. What percent of subsidy will the government give in Suryashakti Kisan Yojana (SKY)?
  5. What is the duration of Suryashakti Kisan Yojana (SKY)?