PM Narendra Modi introduced Surya Ghar Muft Bijli Yojana, a government scheme that offers subsidies for solar panels to eligible individuals. The subsidy covers up to 40 per cent of the panel cost. Through this scheme, households can save on bills and earn by selling surplus power to DISCOMs.
The narrative from proponents of rates caps tells horror stories of predatory lenders exploiting consumers. But have political hacks bothered to ask those consumers?
In response to Fred Nathan’s (July 30) op-ed praising New Mexico’s efforts to end predatory lending, I must assert that the celebratory tone is premature and misguided.
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