Union Minister Pralhad Joshi Hails Budget for Commitment to New India and RE Initiatives
Speaking about the MNRE sector the Union Minister said that PM Surya Ghar Muft Bijli Yojana has received overwhelming support, with more than 1.28 crore registrations and 14 lakh applications already submitted.
July 25, 2024. By Abha Rustagi
Joshi expressed his thanks to Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for prioritising education, employment, and skill development in the budget and paving the way for Viksit Bharat.
Speaking about the MNRE sector the Union Minister said that PM Surya Ghar Muft Bijli Yojana has received overwhelming support, with more than 1.28 crore registrations and 14 lakh applications already submitted. He informed that the scheme has been initiated to facilitate the installation of rooftop solar panels, enabling one crore households to access free electricity up to 300 units per month. He highlighted that the scheme will benefit the Middle class, Lower middle class, and poor people and is one of the best schemes in the world.
The union minister also emphasised that mining of critical and offshore minerals is set to receive a boost with the exemption of customs on 25 critical minerals and reducing Basic Custom Duty (BCD) on 2 minerals. He said that this will further the vision of streamlining the supply chain of critical minerals.
Talking about the policy document on energy transition pathways that was announced by the Finance Minister, Joshi said that it will be a multi-sectoral document with a focus on renewable energy.
Furthermore, Joshi said that the budget instills confidence in India’s potential, particularly in its youth, and reinforces its commitment towards inclusive prosperity for the underprivileged, women, and farmers.
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