One cr households will save up to Rs 18K annually: FM

NT Correspondent

New Delhi: Finance Minister Nirmala Sitharaman on Thursday said Pradhanmantri Suryodaya Yojana will enable one crore families to get up to 300 units of free electricity every month and help them save up to Rs 18,000 annually.

Prime Minister Narendra Modi had announced the 'Pradhanmantri Suryodaya Yojana' with the target of installing rooftop solar earlier in January.

"I have taken my first decision after returning from Ayodhya that our government will launch 'Pradhan Mantri Suryoday Yojna' with the aim to install rooftop solar systems in one crore houses," Modi had said on X.

Sitharaman in her interim Budget speech said through rooftop solarisation, one crore households will be enabled to obtain up to 300 units of free electricity each month.