New Delhi, Feb. 6 -- The government continues the push for the solar sector in the FY26 Budget, with a year-on-year (YoY) rise of over 60 per cent to Rs 242 billion (24,200 cr), according to a report by Jefferies.

The report highlighted the government's continued push for renewable energy, particularly through its flagship rooftop solar and solar pump schemes.

Jefferies said, "FY26 budget gives a continued push to solar sector and saw the extension of flagship schemes of solar rooftop, solar pumps, with budget allocations rising 3.2x and 1.7x vs FY25 budget estimates."

A major boost has been given to the PM Surya Ghar Muft Bijli Yojana in the budget, which aims to install 10 million solar rooftops in residential areas. The allocation f...