NEW DELHI: NEW DELHI: Prime Minister Narendra Modi said on Tuesday that his administration is beginning the “PM Surya Ghar: Muft Bijli Yojana,” which seeks to light up one crore families by delivering up to 300 units of free electricity per month. The initiative is intended to promote solar power and sustainable progress. According to Modi, the project would require more over Rs 75,000 crore in funding. “We are introducing the PM Surya Ghar: Muft Bijli Yojana to promote sustainable development and people’s well-being. The prime minister stated on X that the project, which has an investment of more than Rs 75,000 crore, intends to light up 1 crore households by giving out up to 300 units of free electricity each month.The central government will make sure that there is no financial strain on the people, he claimed, offering everything from substantial subsidies that will be paid straight into people’s bank accounts to extraordinarily favourable bank loans. The prime minister went on to say that all parties involved will be connected to a National Online Portal. Modi stated that incentives would be provided to urban local bodies and panchayats to encourage rooftop solar systems within their jurisdictions in order to popularise this plan at the grassroots level. “At the same time, the scheme will lead to more income, lesser power bills and employment generation for people,” stated the prime minister. “Let’s advance sustainable development and solar energy. I implore all home customers to apply for the PM Surya Ghar: Muft Bijli Yojana at https://pmsuryaghar.gov.in, especially if they are young,” Modi stated.