PM Surya Ghar: Muft Bijli Yojana (PMSGMBY) has completed 10.09 lakh installations across the country. 45 per cent households in the country with solar panels are now getting zero electricity bills. The ambitious scheme aims to provide free electricity through rooftop solar systems to one crore residential households. The government aims to reach the target of rooftop solar installations in 1 crore households by 2026-27. The scheme enables every household to contribute to climate change mitigation by reducing carbon emissions equivalent to planting 100 trees. A key feature of the scheme is the provision of collateral-free loans through 12 Public Sector Banks (PSBs) at a subsidised interest rate of 6.75 per cent for loans up to Rs. 2 lakhs. It also supports domestic manufacturing by mandating the use of solar modules and cells produced in India. The Ministry said that PMSGMBY scheme has received 47.3 lakh applications, and 6.13 lakh beneficiaries have successfully received subsidies, amounting to Rs 4,770 crore.