*News Update: Major Boost for Rooftop Solar!* 🔸 The government increased the budget for the *Pradhan Mantri Surya Ghar Muft Bijli Yojana* by 80% to ₹20,000 crore for FY26. 🔸 The scheme, launched in Feb 2024 with ₹75,021 crore, aims to enable 10 million households to generate their electricity by FY27 (currently at 8 lakh). *Our View:* 🔸 The budget hike will drive higher demand for renewable energy financing, benefiting *IREDA*. 🔸 This expansion strengthens its loan portfolio, supports project financing, and enhances India's clean energy transition. Disclaimer: http://bit.ly/full-disclaimer