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Gujarat launches Suryashakti Kisan Yojana
June 27 , 2018
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- Gujarat government has launched Suryashakti Kisan Yojana (SKY), solar power scheme for farmers.
- It will enable them to generate electricity for their captive consumption as well as sell surplus power to grid and earn extra buck.
- It is claimed to be first such scheme in the country, where farmer will produce his power and sell surplus to State power utility.
- The State and Central governments will give 60% subsidy on cost of project.
- The farmer is required to take 5% cost, while 35% will be provided to him as affordable loan with interest rates of 4.5 to 6%.
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