From substantive subsidies, which will be given directly to people's bank accounts, to heavily concessional bank loans, the Central Government will ensure that there is no cost burden on the people
FinTech BizNews Service
Mumbai, February 14, 2024: The Prime Minister, Shri Narendra Modi, on Tuesday announced the launch of rooftop solar scheme for free electricity - PM Surya Ghar Muft Bijli Yojana.
The Prime Minister posted on X:
"In order to further sustainable development and people’s wellbeing, we are launching the PM Surya Ghar: Muft Bijli Yojana. This project, with an investment of over Rs75,000 crores, aims to light up 1 crore households by providing up to 300 units of free electricity every month."
"From substantive subsidies, which will be given directly to people’s bank accounts, to heavily concessional bank loans, the Central Government will ensure that there is no cost burden on the people. All stakeholders will be integrated to a National Online Portal which will further convenience."
"In order to popularise this scheme at the grassroots, Urban Local Bodies and Panchayats shall be incentivised to promote rooftop solar systems in their jurisdictions. At the same time, the scheme will lead to more income, lesser power bills and employment generation for people."
"Let’s boost solar power and sustainable progress. I urge all residential consumers, especially youngsters, to strengthen the PM - Surya Ghar: Muft Bijli Yojana by applying at- pmsuryaghar.gov.in"
