{"id":27762,"date":"2024-12-05T18:31:04","date_gmt":"2024-12-05T13:01:04","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=27762"},"modified":"2024-12-05T18:31:07","modified_gmt":"2024-12-05T13:01:07","slug":"pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/","title":{"rendered":"PM-SGMY Solar Installations Scheme: 10 Lakh by 2025, 1 Crore by 2027 \u2013 A Step Towards Clean Energy for Farmers"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/#PM-SGMY_to_Achieve_10_Lakh_Solar_Installations_by_2025_and_1_Crore_by_2027\" >PM-SGMY to Achieve 10 Lakh Solar Installations by 2025 and 1 Crore by 2027<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/#Introduction_to_PM-SGMY\" >Introduction to PM-SGMY<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/#The_Goals_of_PM-SGMY\" >The Goals of PM-SGMY<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/#Benefits_of_Solar_Installations_for_Farmers\" >Benefits of Solar Installations for Farmers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/#Government_Support_and_Policy_Initiatives\" >Government Support and Policy Initiatives<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/#Why_This_News_is_Important\" >Why This News is Important<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/#Contribution_to_Indias_Clean_Energy_Goals\" >Contribution to India&#8217;s Clean Energy Goals<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/#Economic_Empowerment_of_Farmers\" >Economic Empowerment of Farmers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/#Rural_Development_and_Job_Creation\" >Rural Development and Job Creation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/#Support_for_Indias_Energy_Independence\" >Support for India&#8217;s Energy Independence<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/#Historical_Context_Background_Information\" >Historical Context: Background Information<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/#Key_Takeaways_from_%E2%80%9CPM-SGMY_to_Achieve_10_Lakh_Solar_Installations_by_2025_and_1_Crore_by_2027%E2%80%9D\" >Key Takeaways from &#8220;PM-SGMY to Achieve 10 Lakh Solar Installations by 2025 and 1 Crore by 2027&#8221;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/#Important_FAQs_for_Students_from_this_News\" >Important FAQs for Students from this News<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/#What_is_the_PM-SGMY_scheme\" >What is the PM-SGMY scheme?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/#What_is_the_target_for_solar_installations_under_PM-SGMY\" >What is the target for solar installations under PM-SGMY?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/#How_does_PM-SGMY_benefit_farmers\" >How does PM-SGMY benefit farmers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/#What_incentives_are_available_for_farmers_under_PM-SGMY\" >What incentives are available for farmers under PM-SGMY?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/#Why_is_PM-SGMY_important_for_Indias_renewable_energy_goals\" >Why is PM-SGMY important for India\u2019s renewable energy goals?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/pm-sgmy-pm-sgmy-aims-to-achieve-10-lakh-solar-installations-by-2025-and-1-crore-by-2027-promoting-clean-energy-for-indian-farmers-learn-how-this-government-initiative-benefits-rural-areas-supports-a\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"PM-SGMY_to_Achieve_10_Lakh_Solar_Installations_by_2025_and_1_Crore_by_2027\"><\/span><strong>PM-SGMY to Achieve 10 Lakh Solar Installations by 2025 and 1 Crore by 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Introduction_to_PM-SGMY\"><\/span>Introduction to PM-SGMY<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) Scheme, a government initiative aimed at promoting solar energy in rural India, is taking significant strides toward achieving its goal. Under this scheme, the government has set a target to install 10 lakh solar pumps by 2025 and 1 crore solar installations by 2027. This ambitious plan is part of India\u2019s broader efforts to promote clean energy, reduce dependence on fossil fuels, and support sustainable farming practices.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Goals_of_PM-SGMY\"><\/span>The Goals of PM-SGMY<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The PM-SGMY aims to enable farmers to use solar energy for irrigation purposes, providing a clean and sustainable alternative to diesel-powered pumps. This will not only help in improving agricultural productivity but also reduce the carbon footprint associated with traditional farming practices. By setting a target of 10 lakh solar installations by 2025, the government hopes to provide farmers with access to affordable solar-powered irrigation systems, thereby contributing to the growth of the renewable energy sector in India.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Benefits_of_Solar_Installations_for_Farmers\"><\/span>Benefits of Solar Installations for Farmers<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Solar pumps under the PM-SGMY provide numerous advantages to farmers. First, they offer an eco-friendly alternative to conventional pumps, helping reduce greenhouse gas emissions. Second, solar-powered irrigation systems reduce electricity costs for farmers and ensure consistent access to water for irrigation, especially in remote areas where electricity supply is unreliable. Additionally, these systems can improve the financial stability of farmers by increasing agricultural productivity without the added burden of high energy costs.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Government_Support_and_Policy_Initiatives\"><\/span>Government Support and Policy Initiatives<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The government is not only providing financial incentives but is also facilitating the installation process by partnering with various state governments, financial institutions, and private companies. Farmers can avail of subsidies and low-interest loans to make solar installations more affordable. The government\u2019s push for solar energy is aligned with its commitment to reducing India\u2019s carbon footprint, fulfilling international climate commitments, and ensuring energy security for all citizens, especially in rural areas.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\" id=\"PM-SGMY-solar-installations-scheme\"><img decoding=\"async\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2024\/12\/PM-SGMY-solar-installations-scheme.jpg\" alt=\"PM-SGMY solar installations scheme\n\" class=\"wp-image-27789\" width=\"571\" height=\"347\" title=\"PM-SGMY solar installations scheme\"\/><figcaption class=\"wp-element-caption\"><strong>PM-SGMY solar installations scheme<\/strong><\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_This_News_is_Important\"><\/span>Why This News is Important<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Contribution_to_Indias_Clean_Energy_Goals\"><\/span>Contribution to India&#8217;s Clean Energy Goals<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">India has made ambitious commitments to expand its renewable energy capacity, particularly solar energy, as part of its Nationally Determined Contributions (NDCs) under the Paris Agreement. By achieving the target of 1 crore solar installations by 2027, India will significantly reduce its dependence on fossil fuels, contributing to a cleaner, greener environment.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Economic_Empowerment_of_Farmers\"><\/span>Economic Empowerment of Farmers<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The PM-SGMY scheme plays a vital role in the economic empowerment of farmers, especially those in rural and underserved areas. Solar installations help reduce their dependence on expensive and polluting diesel generators for irrigation. The scheme thus offers a long-term solution to improve the financial well-being of farmers by providing affordable and sustainable energy sources.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Rural_Development_and_Job_Creation\"><\/span>Rural Development and Job Creation<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">As solar installations increase, the PM-SGMY initiative will also contribute to rural development. Local entrepreneurs and businesses will benefit from installing, maintaining, and repairing solar pumps, leading to job creation. This initiative aligns with the government\u2019s larger goal of boosting rural economies through sustainable energy solutions.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Support_for_Indias_Energy_Independence\"><\/span>Support for India&#8217;s Energy Independence<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The government\u2019s push for renewable energy initiatives like PM-SGMY is also aligned with the national goal of achieving energy independence. Reducing reliance on imported fossil fuels and increasing the adoption of solar energy will make India less vulnerable to energy price fluctuations in the global market, ensuring energy security for future generations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Context_Background_Information\"><\/span>Historical Context: Background Information<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The PM-KUSUM Scheme was launched in 2019 by the Ministry of New and Renewable Energy (MNRE) to promote solar power among farmers, particularly in rural India. Over the years, India has gradually expanded its renewable energy portfolio, aiming to reach 500 GW of renewable energy capacity by 2030. This scheme, under the broader umbrella of India\u2019s renewable energy transition, plays a critical role in helping the country meet its climate change targets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The solar irrigation pump initiative is crucial for reducing India\u2019s reliance on fossil fuels and ensuring sustainable agricultural practices. India\u2019s early experiments with solar pumps can be traced back to various pilot projects initiated by the government and private organizations, which demonstrated the potential of solar energy for rural development. With the launch of PM-SGMY, these small-scale projects have now been integrated into a large national program aimed at achieving widespread adoption of solar pumps.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_%E2%80%9CPM-SGMY_to_Achieve_10_Lakh_Solar_Installations_by_2025_and_1_Crore_by_2027%E2%80%9D\"><\/span>Key Takeaways from &#8220;PM-SGMY to Achieve 10 Lakh Solar Installations by 2025 and 1 Crore by 2027&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th><strong>Serial No.<\/strong><\/th><th><strong>Key Takeaway<\/strong><\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td>PM-SGMY aims for 10 lakh solar installations by 2025 and 1 crore by 2027 to promote solar energy adoption.<\/td><\/tr><tr><td>2<\/td><td>The initiative focuses on providing solar pumps to farmers, improving agricultural productivity.<\/td><\/tr><tr><td>3<\/td><td>Government subsidies and low-interest loans are offered to make solar installations more affordable.<\/td><\/tr><tr><td>4<\/td><td>The scheme aligns with India\u2019s renewable energy goals and international climate commitments.<\/td><\/tr><tr><td>5<\/td><td>PM-SGMY will contribute to rural development, create jobs, and reduce India\u2019s dependence on fossil fuels.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><strong>PM-SGMY solar installations scheme<\/strong><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Important_FAQs_for_Students_from_this_News\"><\/span>Important FAQs for Students from this News<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_PM-SGMY_scheme\"><\/span><strong>What is the PM-SGMY scheme?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The PM-SGMY (Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan) scheme is an initiative by the Indian government to promote the use of solar energy in agriculture. It aims to install solar-powered irrigation systems for farmers, reducing dependence on traditional power sources and promoting clean energy.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_target_for_solar_installations_under_PM-SGMY\"><\/span><strong>What is the target for solar installations under PM-SGMY?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The government aims to achieve 10 lakh solar installations by 2025 and 1 crore solar installations by 2027 as part of the PM-SGMY initiative.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_does_PM-SGMY_benefit_farmers\"><\/span><strong>How does PM-SGMY benefit farmers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The scheme helps farmers reduce their reliance on costly diesel pumps by providing solar-powered irrigation systems. It lowers electricity costs, ensures a reliable water supply, and promotes eco-friendly farming practices.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_incentives_are_available_for_farmers_under_PM-SGMY\"><\/span><strong>What incentives are available for farmers under PM-SGMY?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Farmers can access government subsidies and low-interest loans to make the installation of solar-powered pumps more affordable. The government also partners with financial institutions to support the installation process.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_is_PM-SGMY_important_for_Indias_renewable_energy_goals\"><\/span><strong>Why is PM-SGMY important for India\u2019s renewable energy goals?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>PM-SGMY aligns with India&#8217;s larger renewable energy targets, helping the country reduce its carbon footprint, decrease dependence on fossil fuels, and contribute to the global effort to combat climate change.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline 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Under this scheme, the government has set a&#8230;<\/p>\n","protected":false},"author":6,"featured_media":27790,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,159],"tags":[17917,17916,17918,16747,182,5311],"class_list":["post-27762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-scheme_and_committees","tag-agriculture-and-solar-energy","tag-clean-energy-for-farmers","tag-pm-sgmy","tag-renewable-energy-india","tag-rural-development","tag-solar-energy"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/27762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=27762"}],"version-history":[{"count":0,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/27762\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/27790"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=27762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=27762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=27762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}