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Budget 2024 – Expectations for PM Suryoday Yojana

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Budget 2024 Expectation Suryoday Yojana
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Budget 2024 will be presented on 1st February by Finance Minister Nirmala Sitharaman. Apart from other significant aspects like Tax Rates, all eyes will be on announcements regarding PM Suryoday Yojana.

Suryoday Yojana Expectations from Budget 2024

On January 22nd, Prime Minister Narendra Modi released the teaser for Solar rooftop scheme, the final picture will be released shortly, during the Budget 2024 announcement day.

UPDATE : Finally the Budget has been announced. Finance Minister told that every beneficiary of Suryoday yojana will get free electricity upto 300 units.

Here are the expectations :

  1. As per a report by Moneycontrol, the Finance Minister is likely to allocate atleast 20,000 Crore for Suryoday Yojana
  2. Clear Instructions regarding the implementation of the scheme could be explained.
  3. It is also expected that enhanced subsidies could be unveiled as part of scheme

So far we know that REC Limited has been appointed as Nodal agency for Suryoday Yojana. The company is going to lend 1.2 Lakhs Crores for this scheme.

What is Suryoday Yojana

Pradhan Mantri Suryoday Yojana is an ambitious scheme that aims to complete 1 crore installations of Solar Rooftops in India.

This scheme will provide Subsidy to interested and eligible people.

There is no need to visit offices and stand in queues. You simply need to complete the Suryoday Yojana Online Registration to be part of this scheme.