NITI Aayog Proposes ₹13,000 Crore Plan to Decarbonise MSMEs
Why in the news
NITI Aayog proposed ₹13,000 crore of schemes to cut MSME emissions amid rising energy costs.
Key facts
- MSMEs: about 30% of GDP, 250+ million jobs, 46% of exports.
- Without decarbonising, firms risk lower export competitiveness.
The two proposed schemes
| Feature | VGF scheme | Solar rooftop scheme |
|---|---|---|
| Outlay | ₹6,000 crore | ₹7,000 crore (Phase-1) |
| Purpose | Energy-efficient technologies | Capital subsidy for green electricity |
| Support limit | Up to 15% of project cost | Rooftop systems up to 3 kW |
| Beneficiaries | Projects chosen by competitive bidding | About 8 lakh micro enterprises |
| Paid to | OEMs directly | Enterprises directly |
- Solar scheme long-run outlay: ₹28,672 crore over 20 years; capex ₹21,109 crore.
Exam angle
- VGF = Viability Gap Funding.