A big push towards electrifying India, PM Modi has launched a new scheme called Pradhan Mantri Sahaj Bijli Har Ghar Yojana or shortly Saubhagya scheme, which will lighten up households of the country.
Even today, 240 million people are living in dark because in India, electricity simply remains unaffordable, inadequate and just non-existent. This shamefully makes India to be world’s largest un-electrified population, where something as basic as power is a luxury to millions of people. During campaigning of 2014 Lok Sabha elections, PM Modi had made promises to bring reliable and affordable electricity for all – which, up to certain extent, has helped him in propelling to the reign. In an attempt to keep the campaign promises, PM Modi launched the Saubhagya electricity scheme worth Rs 16,320 Crore – under which Indian households that have no access to power, will be given free electricity connections, by December 2018.
The Saubhagya project is hence expected to provide power connections to 4 crore households, covering most of the 20% of population which lives in dark. This scheme will not only serve electricity – which is a basic need in 21st century – to those in need and yet cannot afford it; but it will also serve the ruling party as a boost in the next elections. This one is witty – the entire Saubhagya scheme is expected to complete in December 2018, which means it will be useful as a powerful power slogan for next general elections. Since it will be just-finished in December 2018, people are going to remember, adore and finally vote in March 2019. Two ducks with one shot.
With introduction of Saubhagya scheme, the slowing economy may get a gentle nudge too, as the sales of last-mile transmission, metering equipment as well as electric appliances will boost. Third duck, this is genius! Power producers and metre makers like ABB, BHEL, Siemens and Havells and transmission connectivity providers like Sterlite, GE, L&T and Adani Transmission are also expected to gain profits. Everyone will be happy, all over again.
Of the Rs 16,320 Crore budget, Rs 12,320 crore will be provided by the Central government’s budget. Now from the project, Rs 14,025 crore will be used for electrification of rural households — 1.5 crore such households have already been electrified under the Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY). Urban households too will receive electric connections with 2.295 Crores budget under Saubhagya scheme. So let’s hope each household shines under the new power grids.