Correction : Suryodaya Yojana

 And I re-emphasize my following suggestion for incentivizing :

( A )  Consumers
# By giving 100 % subsidy . Totally FREE installation of 3 Kw Roof Top
Solar
( B )  DISCOMS
#  By fully compensating for loss of revenue + some incentive
( C )  Funding Agency ( REC )
#   By transferring all Carbon Credits earned by 1 crore ( 10 million )
installations

What else ?

Ø  Saving to the Govt ( no LPG to 1 crore beneficiaries of Suryodaya Yojana ) :  Rs 10,800 crore/year
Ø  Total Investment ( Rs 146,000 x 1 crore ) ………………………………………………….. :  Rs 1.46 lakh*crore
Ø  If electric stoves were given to 10 crore UJWALA families , SAVING will be  : Rs 1.1 lakh*crore/year
Ø  An investment of Rs 1,000  ( in electric stove ) can be recovered in just 3 months
Ø  ( @ Rs 300 / cylinder subsidy )

How much can REC earn by selling Carbon Credits earned by this COMPOSIT scheme ?

Ø  Proposed solar-powered cooker will be entitled to 51.48 carbon credits per year
Ø  Each Solar Cooker will earn $ 514.8 / year by way of selling Carbon Credits (@ $ 10 / credit )
Ø  That is approx.. Rs 41,200 ( at $ 1 = Rs 80 )
Ø  For 1 crore COMPOSIT installations, REC will earn ……….. Rs 41,200 crore / year
( on investment of Rs 1.46 lakh*crore )
Ø  REC will recover its entire investment in 3 years !