Budget 2020: FM Sitharaman Allocates Rs 22,000 Crore For Power And Renewable Energy SectorThe Solar Power Field at Kochi International Airport (CIAL)

Presenting her second Union Budget before the nation, Union Finance Minister (FM) Nirmala Sitharaman announced an allocation of Rs 22,000 crore for the power and renewable energy sector for the financial year 2020-21.

FM Sitharaman also pushed on the States and Union Territories (UTs) to ensure that all the conventional electricity meters are replaced with pre-paid smart meters in a timeframe of three years.

This, as per FM Sitharaman, will provide the consumers with freedom to choose the supplier and rate as per the requirements. She also apprised the Lok Sabha that the Government will be taking up steps to provide relief to the power distribution companies (DISCOMs).

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber