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SAUBHAGYA Scheme explained for RBI and NABARD Examination 2018 Video Lecture - Banking Exams

FAQs on SAUBHAGYA Scheme explained for RBI and NABARD Examination 2018 Video Lecture - Banking Exams

1. What is the SAUBHAGYA Scheme?

Ans. The SAUBHAGYA Scheme is a government initiative launched to provide electricity connections to all households in rural and urban areas. It aims to achieve universal household electrification by providing last-mile connectivity to the remaining un-electrified households in the country.

2. Which organizations are involved in the implementation of the SAUBHAGYA Scheme?

Ans. The SAUBHAGYA Scheme is implemented by the Rural Electrification Corporation (REC) under the Ministry of Power. The REC works in collaboration with state power distribution companies (DISCOMs) and other stakeholders to ensure the successful implementation of the scheme.

3. How does the SAUBHAGYA Scheme benefit the rural and urban population?

Ans. The SAUBHAGYA Scheme has several benefits for both rural and urban populations. It provides access to electricity, which is essential for various aspects of daily life such as lighting, cooking, and access to communication and information technology. It also promotes economic development, improves education and healthcare facilities, and enhances the overall quality of life.

4. What is the role of the Reserve Bank of India (RBI) and the National Bank for Agriculture and Rural Development (NABARD) in the SAUBHAGYA Scheme?

Ans. The RBI and NABARD play a vital role in the implementation of the SAUBHAGYA Scheme. They provide financial support and assistance to the Rural Electrification Corporation (REC) for the execution of the scheme. This includes providing loans, grants, and other financial services to ensure the smooth implementation of the scheme across the country.

5. How can individuals and households avail the benefits of the SAUBHAGYA Scheme?

Ans. Individuals and households can avail the benefits of the SAUBHAGYA Scheme by contacting their respective state power distribution companies (DISCOMs) or authorized agencies responsible for implementing the scheme in their area. They can submit their applications for new electricity connections and avail the benefits of the scheme, which includes subsidized or free electricity connections for eligible households.

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Oct 17, 2025 Last updated

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