Union Budget 2024: Details of PM Surya Ghar free electricity scheme discussed by FM

Union+Budget+2024%3A+Details+of+PM+Surya+Ghar+free+electricity+scheme+discussed+by+FM
PM Surya Ghar Scheme Witnessing Overwhelming ResponsePM Surya Ghar Scheme Witnessing Overwhelming Response During the Union Budget presentation, Finance Minister Nirmala Sitharaman disclosed the progress of the PM Surya Ghar Free Electricity Scheme. Launched by Prime Minister Narendra Modi in February 2024, the scheme aims to provide free electricity to households across the country. As of today, the scheme has received a remarkable 1.28 crore registrations and 14 lakh applications. This surge in interest has led to an impressive 11% increase in solar power stock by midday. Under the PM Surya Ghar Scheme, the government offers subsidies for the purchase of solar panels. Households can receive Rs 30,000 for a 1 kW panel, Rs 60,000 for a 2 kW panel, and up to Rs 78,000 for a 3 kW panel. This financial support is intended to encourage the adoption of solar energy and reduce electricity costs for eligible households. The scheme targets approximately 1 crore households, with the goal of providing up to 300 units of free electricity per month. This initiative aligns with the government’s commitment to promoting renewable energy and making electricity more affordable for the population. The overwhelming response to the PM Surya Ghar Free Electricity Scheme demonstrates its effectiveness in meeting the government’s objectives. It is expected to further boost the adoption of solar energy and provide significant benefits to low-income households across the country.

Finance Minister Nirmala Sitharaman today presented the Union Budget and gave key updates on the PM Surya Ghar Free Electricity Scheme. She revealed that the scheme has received 1.28 crore registrations and 14 lakh applications, leading to an over 11% increase in solar power stock by midday. Launched by Prime Minister Narendra Modi on February 15, 2024, the PM Surya Ghar scheme aims to provide up to 300 units of free electricity per month to around 1 crore households across the country. Under this initiative, the government is providing subsidies for the purchase of solar panels: Rs 30,000 for a 1 kW panel, Rs 60,000 for a 2 kW panel and up to Rs 78,000 for a 3 kW panel. The move is aimed at boosting the adoption of solar energy and supporting households in reducing their electricity costs.

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