Topic Details (Notes format)

Rural Electrification and Saubhagya Scheme

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

Electricity access is vital for rural development—powering irrigation pumps, small industries, and households. The Saubhagya scheme aims for universal electrification through last-mile connectivity. Microgrids or solar home systems supplement unreliable central grid supply. Exams may ask about cost recovery, DISCOM financial health, and the socio-economic benefits of consistent power (improved study hours, mechanization). Also note how energy-efficient LED expansions (UJALA) complement rural electrification strategies.

Practice Questions

Which of the following is an example of fiscal policy?

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What is the “law of diminishing marginal utility”?

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What is the main purpose of monetary policy?

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What is meant by the term “current account deficit”?

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What is “CRR” in banking terminology?

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Which term refers to the decrease in the value of a currency relative to foreign currencies?

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What does the Gini Coefficient measure?

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