City
Epaper

Budget 2024: 1 Crore Households to Get 300 Units of Free Monthly Electricity, Says FM Nirmala Sitharaman

By Lokmat English Desk | Updated: February 1, 2024 12:17 IST

India's finance minister, Nirmala Sitharaman, announced on Thursday that through roof-top solarisation, 1 crore households will be enabled to ...

Open in App

India's finance minister, Nirmala Sitharaman, announced on Thursday that through roof-top solarisation, 1 crore households will be enabled to obtain up to 300 units of free electricity every monthThe announcement is a major relief to millions of Indians who are struggling to afford rising electricity costs. It is also a political move ahead of the upcoming general elections.

In addition to providing free electricity, the government also announced a number of other initiatives to help the poor and middle class. These include:

  • Providing incentives for mustard and groundnut cultivation
  • Investing in modern storage and supply chains for agriculture
  • Building 517 new air routes under the UDAN scheme to connect smaller cities
  • The government also said that it has lifted 250 million people out of poverty in the past 10 years and provided free food to 800 million people.
Tags: Nirmala SitharamanUnion Budget 2024
Open in App

Related Stories

NationalGST Overhaul: Council Targets Uniformity, Balances Relief for Middle Class with Luxury Tax Hike

NationalGST Council Meeting: Middle-Class Households Poised to Gain Big from Tax Relief

NationalNirmala Sitharaman Likely to Introduce New Income Tax Bill in Lok Sabha Next Week

NationalLoan EMI Calculator: How Much Will You Save With Lower EMIs and New Income Tax Slabs?

MaharashtraBudget 2025: Sanjay Raut Calls Special Announcements for Bihar an 'Election Package' (Watch Video)

National Realted Stories

NationalAhmedabad Bomb Threat: Several Schools Across the City Receive Threatening Emails, Security Tightened

NationalVoting underway for third phase of panchayat elections in Telangana

National'Matter of great pride': BJP, JD(U) hail PM Modi on receiving Ethiopia’s highest honour

NationalRajasthan SIR: Over 61,000 names removed from CM’s Sanganer Assembly seat

BusinessSindhu Trade Links Ltd.: Poised for Significant Growth with a 25% Upside Potential