Electrification Of Village Households
BUSINESS ECONOMICS|May 16-31, 2018

Electrification Of Village Households

Isha Chakraborty
Electrification Of Village Households

Indian Prime Minister Narendra Modi tweeted on April, 28, 2018, “We fulfilled a commitment due to which the lives of several Indians will be transformed forever. I am delighted that every single village of India now has access to electricity.” This tweet came 12 days before the given deadline for completion of electrification of all Indian villages. When we discuss India’s rural electrification, there is a significant rise in connectivity infrastructure and in execution of new connectivity in the last decade. Between 2005 and 2014, around 1,082,280 villages were connected to grids and about 19 million rural houses were given access to electricity. In 2014, the total count of villages that required electricity was approximately 18,452. The NDA government has also launched the ‘Deendayal Upadhyaya grameen Jyoti Yojana’ that aims to intensify the process rural electrification.

Interestingly, the earlier UPA government was estimated to connect around 12,030 villages every year whereas only 4,842 villages were connected with the grid per year in case of the present NDA government. Such statistics question the statement given by the Prime Minister.

What is 100% electrification?

When it is said that a village is receiving 100% electricity or is electrified completely there can be two aspects that should be considered. Firstly, is the village entirely electrified? Secondly, it must be verified whether all households, streetlights and other public places electrified?

The first which is the electrification of villages can be considered complete soon after the villages are equipped with transmission wires and are connected to grids. This ensures that electricity can seamlessly flow into the villages. But that development can never be taken to guarantee that all village households and public places are receiving electricity.

This story is from the May 16-31, 2018 edition of BUSINESS ECONOMICS.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the May 16-31, 2018 edition of BUSINESS ECONOMICS.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM BUSINESS ECONOMICSView All
Morarji Desai: Walking the Yogic Path of Truth and Service
BUSINESS ECONOMICS

Morarji Desai: Walking the Yogic Path of Truth and Service

What is Yoga? In very short, from the basic viewpoint of Patanjali (the proponent of Yoga, a major branch of Indian philosophy and the author of the Yogashastra Yogasutra), Yoga is the process of merging oneself into the One Indivisible Whole through concentration of mind.

time-read
3 mins  |
February 1 - 29, 2024
The automobile industry has rebounded to the levels observed in 2018-19, and the future of electric vehicles (EVS) appears promising
BUSINESS ECONOMICS

The automobile industry has rebounded to the levels observed in 2018-19, and the future of electric vehicles (EVS) appears promising

RC Bhargava, Chairman of Maruti Suzuki Ltd, recently shared insights on the automobile sector, noting that historically, its performance aligned with the country's GDP.

time-read
2 mins  |
February 1 - 29, 2024
Dueling German Luxury: BMW and Mercedes-Benz Vie for Dominance in Indian Market
BUSINESS ECONOMICS

Dueling German Luxury: BMW and Mercedes-Benz Vie for Dominance in Indian Market

BMW and Mercedes-Benz, revered names in the realm of car enthusiasts. While the debate over which stands as the epitome of driving excellence persists, recent sales figures unveil an intriguing narrative, particularly in the dynamic Indian market.

time-read
2 mins  |
February 1 - 29, 2024
INDIAN AUTO INDUSTRY GEARS UP FOR GREEN TRANSITION
BUSINESS ECONOMICS

INDIAN AUTO INDUSTRY GEARS UP FOR GREEN TRANSITION

As  India enters into 2024, the automotive sector stands ready to script a remarkable growth narrative. Backed by a buoyant demand in the passenger vehicle segment despite continuing rises in commodity prices, automobile makers are optimistic to embrace new technologies, especially in the electric mobility space which is expected to witness a number of new launches in both four and two-wheeler segments in the coming year.

time-read
7 mins  |
February 1 - 29, 2024
Is Ayodhya emerging as a global destination brand?
BUSINESS ECONOMICS

Is Ayodhya emerging as a global destination brand?

Traditionally, sacred spaces and modern urban landscapes have been perceived as incompatible, akin to oil and water.

time-read
6 mins  |
February 1 - 29, 2024
Canara Banks reports 26.86% YoY growth in net profit, global business up by 9.87% YoY
BUSINESS ECONOMICS

Canara Banks reports 26.86% YoY growth in net profit, global business up by 9.87% YoY

Canara Bank's Net gained by 26.86% YoY in Q3 Cantareata Profit FY24.

time-read
1 min  |
February 1 - 29, 2024
A Tale of Two Economic Crises
BUSINESS ECONOMICS

A Tale of Two Economic Crises

The global financial crisis that unfolded between 2007 and 2009 did not only impact the financial sector but also extended its reach to banks worldwide.

time-read
3 mins  |
February 1 - 29, 2024
"Prospects and Challenges: A Comprehensive Review of the Indian Economy"
BUSINESS ECONOMICS

"Prospects and Challenges: A Comprehensive Review of the Indian Economy"

The Ministry of Finance of the Government of India recently released a document titled 'The Indian Economy A Review' on January 29, representing a distinct departure from the traditional Economic Survey presented before the Annual Budget proposal.

time-read
2 mins  |
February 1 - 29, 2024
IMF's Advice and RBI's Rebuttal
BUSINESS ECONOMICS

IMF's Advice and RBI's Rebuttal

International Monetary Fund (IMF), under its Article IV of the Articles of Agreement, signed in 1944 by the original 29 member countries as well more by later, (now grown to 190) sends its staff, to its member countries for a threeweek visit annually for major economies, which contribute a sizeable proportion of world's GDP, and once in every two years for small economies.

time-read
6 mins  |
February 1 - 29, 2024
Advanced economies losing steam
BUSINESS ECONOMICS

Advanced economies losing steam

globally, advanced economies are facing a significant taking a toll on economic activities worldwide, as noted by the Organization for Economic Cooperation and Development (OECD).

time-read
2 mins  |
February 1 - 29, 2024