World Bank Approves $890 Million for India’s Rooftop Solar Programme

Why in News?

• The World Bank Group approved $890 million in financing to support India’s residential rooftop-solar programme under PM Surya Ghar: Muft Bijli Yojana.

Key Details

• The programme aims to scale rooftop solar installations across 10 million households.
• World Bank support is intended to expand financing, strengthen implementation and mobilise private capital for residential solar.
• The programme is also expected to generate employment across solar manufacturing, installation and services.

Exam Connect

• PM Surya Ghar: Muft Bijli Yojana → Central scheme promoting rooftop solar for households.