INDIA MARKET LENS
◆ MixedEnergy Transition

Cabinet clears ₹2.79 lakh crore package: Rabi MSP hike, PM DHARA and Delhi traffic system

Indian markets moved higher in an energy transition development.

30 Sept 2026 · Business Today Mkts

The largest allocation, ₹1,86,405 crore, has been approved for PM DHARA (Developing Harmonized and Accelerated Renewable Energy Access), a programme aimed at developing and accelerating access to renewable energy.

This is a Monsoon / rural demand event. Rural demand is a large share of staples and two-wheeler volumes, and it tracks the monsoon and support prices with a lag of a quarter or two.