Why did Nirmala Sitharaman mention Ayodhya Ram Temple in 2024 budget speech?

Prime Minister Narendra Modi announced the Pradhan Mantri Suryodaya Yojana in early January aimed at installing rooftop solar.

Finance Minister Nirmala Sitharaman's interim budget speech in Parliament on Thursday, February 1 mentioned the recently inaugurated Ram temple in Ayodhya.

While highlighting the Pradhan Mantri Suryodaya Yojana, Nirmala Sitharaman in her interim budget speech said that through rooftop solarization, one crore families will be able to get up to 300 units of free electricity per month. "This project is on the historic day of the consecration of the Ram Temple in Ayodhya by the Prime Minister Modi and Central Minister Yogi Sankalp follow," Sitharaman added.

Prime Minister Narendra Modi announced the Pradhan Mantri Suryodaya Yojana in early January aimed at installing rooftop solar. Live Update of Budget 2024

"After returning from Ayodhya I have taken my first decision that our government will launch 'Pradhan Mantri Suryodaya Yojana' with a target of installing rooftop solar systems in one crore houses," Modi said at X.

The new 51-inch Ram Lala idol was consecrated at the Ayodhya temple on January 22, a ceremony presided over by Prime Minister Modi who said it heralded a new era. Millions of people watched the 'Pran Pratishta' program on television in their homes and nearby temples, becoming a part of the event.

Before presiding over the inauguration of the Ram temple in Ayodhya, Modi began the 11-day event by visiting the places where Lord Rama set foot as mentioned in the epic Ramayana.

The Prime Minister's 11-day ritual included a strict diet including coconut water and fruit, sleeping on the floor and feeding cows.

Facility under the scheme

Talking about the benefits, Sitharaman informed the House that "free solar power will save households up to ₹15,000-18,000 annually and the surplus will be sold to distribution companies".

Under this project, people will be able to charge their electric vehicles; It will provide entrepreneurial opportunities and employment opportunities for a large number of vendors for supply and installation of youth with technical skills in manufacturing, installation and maintenance.

Talking about India's commitment to 'net-zero' by 2070, he announced a viability gap fund to harness offshore wind power.

\"Efficiency gap funding will be provided to exploit the potential of offshore wind power for an initial 1 GW of capacity," the minister said.

Comments

Nagarjuna Fertilizer share price ?

Nagarjuna Fertilizers & Chemicals Limited is a major player in India's agriculture sector, contributing significantly to the country's fertilizer production and agricultural development. Understanding the share price dynamics of Nagarjuna Fertilizer is essential for investors who want to effectively navigate the stock market and take advantage of potential opportunities. Nagarjuna Fertilizer Company Overview Nagarjuna Fertilizers & Chemicals Limited, established in 1973, has emerged as a leading manufacturer of fertilizers, chemicals and agro products. The company's commitment to quality, innovation and sustainability has earned it a prestigious position in the industry. Nagarjuna Fertilizer's diverse product portfolio caters to the needs of farmers across different regions, boosting agricultural productivity and rural development. Factors Affecting Nagarjuna Fertilizer Share Price Market Conditions: Nagarjuna Fertilizer's share price is influenced by broa...

Ayodhya: Construction work started again in Shri Ram Janmabhoomi temple, second phase will be completed by 2024.

In view of the consecration program of Ramlala to be held on January 22 in the Ram temple of Ayodhya, the construction work was stopped for a month from January 15. Now on February 15, all the workers have returned once again. After this the work of the second phase has been started. The construction work of the temple is to be completed in three phases by the year 2025. The construction work of Shri Ram Janmabhoomi temple in Ayodhya, Uttar Pradesh has started once again with full capacity. The coordination between the construction work of the temple and the darshan of Ram devotees has been made in such a way that both the works are not interrupted. This is the reason that the construction work of the temple which had almost stopped on January 15 before the Pran Pratishtha program, has now gained wings again. It is being told that the construction work of Shri Ram Temple will be completed within the stipulated time limit. The construction work of Shri Ram Janmabhoomi Temple is to ...

Highlight the role of charts in monitoring stock market trends and making informed decisions.?

Highlight the role of charts in monitoring stock market trends and making informed decisions. Market Volatility: The stock market is highly dynamic and subject to rapid changes due to various factors such as economic indicators, geopolitical events, corporate earnings reports and investor sentiment. Daily tracking allows investors to stay updated on these fluctuations and adjust their strategies accordingly. Investment Decisions: Many investors frequently make buy, sell or hold decisions based on the daily movements of the stock market. Daily tracking provides valuable insight into market trends, helping investors make informed decisions about their portfolios. Risk Management: Daily tracking helps investors identify potential risks and opportunities in the market. By remaining vigilant and regularly monitoring market developments, investors can reduce the risks associated with sudden market declines or unexpected events. Market sentiment: The stock market is influenced by investor...

innosphere dynamics

Search This Blog