Union Budget 2024: Details On PM Surya Ghar Free Electricity Scheme Discussed By FM | ABP News

Finance Minister Nirmala Sitharaman presented the Union Budget today and provided 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 a more than 11% increase in solar stock around noon. Launched on February 15, 2024, by Prime Minister Narendra Modi, the PM Surya Ghar scheme aims to offer up to 300 units of free electricity per month to approximately 1 crore families across the country. Under this initiative, the government provides subsidies for solar panel purchases: 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 move is designed to promote the adoption of solar energy and support households in reducing their electricity costs.