Pradhan Mantri Suryodaya Yojana
The Pradhan Mantri Suryodaya Yojana is a new initiative announced by Indian Prime Minister Narendra Modi, targeting the installation of rooftop solar panels on one crore houses. This scheme is designed to reduce electricity bills for the poor and middle class and promote India’s self-reliance in the energy sector. It also offers the potential for additional income through surplus electricity generation. The plan was launched on January 22, 2024, and involves a nationwide campaign to encourage the adoption of rooftop solar among residential consumers. The significant benefits of the scheme include lower electricity costs for households and the promotion of energy self-reliance.
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