Modi said in the last 35 years, governments had spent Rs 4,000 crore on renewable energy but within three years of his government assuming office, nearly Rs 11,000 crore had been spent.
"I invite start-ups run by youth residing in Bengaluru toinitiate a clean cooking movement by tapping a huge market potential of solar energy. Whoever initiates it, will be blessed by mothers belonging to poor households," hesaid participating in a function here.
Modi said by 2030, India aimed to address 40 per cent of its power needs by means of renewable energy. The government'saim is to produce 175 gigawatt power by 2022, he added.
He said LED bulbs which earlier cost more than Rs 350 were now available for Rs 40 to Rs 45 under the Ujala scheme. More than 27 crore LED bulbs had been distributed so far, he said, adding that through this scheme the middle class had been able to save Rs 7,000 crore.
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The prime minister said the need of the hour was to make efforts to free India from evils such as illiteracy, ignorance, malnutrition, black money and corruption.
Modi also highlighted how Adi Shankaracharya, an eighth century philosopher who founded the Advaita Vedanta, integrated the whole of India with the knowledge of Vedas and Upanishads.
"Adi Shankaracharya assimilated good things of different ideologies and philosophy and inspired people to follow the path of knowledge and devotion," he said.
He said Adi Shankaracharya's penance still exists in the present form of Indian culture--a culture that accepted all and moved forward together.
"This culture is the foundation of New India and follows the mantra of Sabka Saath, Sabka Vikas," he said.
The prime minister said in a way, India's cultural heritage held the answers to all global problems and addedthat in India, the stress has always been on preventing exploitation of nature.
At the event, "Dashamah Soundarya Lahari Parayanotsava Mahasamarpane" here, thousands of people recited Soundarya Lahari hymns composed by Adi Shankaracharya.