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Cabinet approves rooftop solar subsidy scheme at an outlay of Rs 75,021 cr

by Blitzindiamedia
February 29, 2024
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NEW DELHI: The Union Cabinet on February 29 approved PM-Surya Ghar: Muft Bijli Yojana with a total outlay of Rs 75,021 crore for installing rooftop solar and providing free electricity up to 300 units every month for one crore housholds.

Prime Minister Narendra Modi had launched the scheme on February 13 this year.Addressing a press conference after a meeting of Union Cabinet, Information and Broadcasting Minister Anurag Thakur said the initiative will give thrust to solar manufacturing and supply chain and provide direct employment to 17 lakh people.

“It will strengthen solar energy eco-system. It is estimated that the scheme will create around 17 lakh direct jobs in manufacturing, logistics, supply chain, sales, installation and other services,” he said.

The major highlights of the scheme include central Financial Assistance (CFA) for Residential Rooftop Solar.

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