New Delhi, March 13 -- PM Surya Ghar: Muft Bijli Yojana (PMSGMBY), the world's largest domestic rooftop solar initiative, has achieved a historic milestone with 10 lakh homes now solar-powered as of 10th March 2025. Launched by Prime Minister Narendra Modi on 13th February 2024, this transformative scheme is rapidly reshaping India's energy landscape. With 47.3 lakh applications received, the initiative has already disbursed Rs.4,770 crore in subsidies to 6.13 lakh beneficiaries, making solar energy more accessible than ever. The scheme's easy financing options, including collateral-free loans up to Rs.2 lakh at a 6.75% subsidized interest rate through 12 Public Sector Banks, have further accelerated adoption. So far, 3.10 lakh loan appli...
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