The Finance Minister Nirmala Sitharaman took centre stage today presenting the Interim Budget 2024.
The Minister as part of a focus on solar energy announced that the government aims to support about crore households under the rooftop solarisation scheme, which will provide them up to 300 units of free electricity per month.
This will have a double-pronged effect. The households will save up to Rs 15,000-18,000 annually and sell the surplus to distribution agencies.
On the other hand, this will also drive the electric vehicle charging ecosystem, by creating entrepreneurship opportunities for a large number of vendors for the supply and installation of these EV chargers.
This will provide youth with technical skills to drive their incomes who will be involved in the manufacturing, installation, and maintenance of solar panels, EV chargers, and necessary equipment.
