Uttarakhand's CM Solar Self-Employment Scheme: Promoting Sustainable Energy and Rural Employment
| Aspect | Details |
|---|---|
| Scheme Name | Uttarakhand's CM Solar Self-Employment Scheme |
| Objective | Curb migration by fostering local employment through solar power projects. |
| Program Details | Individuals can establish solar plants (20-200 kW) and sell electricity to UPCL. Financial support includes bank loans and assistance under MSME and self-employment schemes. |
| Economic Impact | Encourages income opportunities for local entrepreneurs, enhancing rural economies through sustainable practices. |
| India's Solar Sector Overview | - India is the 3rd largest energy-consuming country globally. |
| - India stands 5th in solar power capacity (REN21 Renewables 2024 Global Status Report). | |
| - At COP26, India pledged to achieve 500 GW of non-fossil fuel-based energy by 2030. | |
| - Installed solar energy capacity: 89.4 GW (August 2024), a 30-fold increase in 9 years. | |
| - Solar potential: 748 GWp (National Institute of Solar Energy, NISE). | |
| - 100% FDI allowed under the automatic route for renewable energy projects (Electricity Act, 2003). |