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India Front Line Report
SEAnews Issue:monthly
2017-10-16 ArtNo.46090
◆Saubhagya scheme to create additional power demand of 28,000 MW

【New Delhi】Prime Minister Narendra Modi launched the Rs16,320-crore Pradhan Mantri Sahaj Bijli Har Ghar Yojana (Prime Minister initiated household electrification scheme), or Saubhagya (Good luck), on the 25th of September 2017 evening to provide electricity connections to over 40 million families in rural and urban areas by December 2018.
 The scheme is expected to create an additional power demand of 28,000-mw in the country, helping the stressed power plants that are either idling or underutilised, according to an official statement of the power ministry said on Wednesday (27-09-2017).

○Modi revives Economic Advisory Council

【New Delhi】With the economy hitting a rough patch in recent months, Prime Minister Narendra Modi has decided to reconstitute the Prime Minister's Economic Advisory Council (PMEAC) that had been rendered defunct after the previous UPA government demitted office in May 2014.
 Niti Aayog member Bibek Debroy has been picked as the chairman of the five-member body, which will also include Aayog’s principal advisor and former Finance Secretary Ratan Watal as its member-secretary.
 The last chairperson of the Council, when Manmohan Singh was the Prime Minister, was former Reserve Bank of India Governor C. Rangarajan.
 By the way, even as the Bharatiya Janata Party’s (BJP’s) national executive meeting was silent on any stimulus package, the PM also announced a Rs 16,320-crore electrification plan for all households by end-2018 at another event.

【News source】

Saubhagya scheme: All you need to know

Saubhagya scheme to create additional power demand of 28,000 MW in the country

Saubhagya to bring power to every Indian household; big relief for power producers in offing

Modi launches Rs16,000-crore Saubhagya scheme for household electrification

Modi promises to light up all homes by December 2018 with Rs 16000-cr scheme

Modi revives Economic Advisory Council

Modi revives Economic Advisory Council with Bibek Debroy as chief

Advice as stimulus

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