In her presentation of the Interim Budget in Lok Sabha on Thursday, Finance Minister Nirmala Sitharaman announced the central government's focus on popularizing rooftop solarization and providing free electricity to households. As part of this initiative, one crore households will have the opportunity to receive up to 300 units of free electricity per month.
Sitharaman highlighted the potential savings for households, estimating that they could save between Rs 15,000 to Rs 18,000 through free solar power and selling excess power to distribution companies. This initiative aligns with Prime Minister Narendra Modi's announcement of the Pradhanmantri Surydaya Yojana, aiming to install rooftop solar on one crore houses.
The Finance Minister emphasized that this initiative not only reduces the electricity bills for the poor and middle class but also contributes to India's self-reliance in the field of energy. Prime Minister Modi had previously stated on January 22 that this step would play a pivotal role in making India self-reliant and fostering energy independence.
(With Agency Inputs)