The Modi government has introduced PMAY-U 2.0 to make housing more affordable under the vision of "Housing for All." Beneficiaries can avail of a 4 per cent subsidy on home loans up to Rs 8 lakh for properties priced under Rs 35 lakh.
The government has launched Pradhan Mantri Awas Yojana (PMAY) 2.0 to provide financial assistance for housing to economically weaker sections and middle-class families. Know how to apply online, check eligibility, and understand the required documents to secure your new home.
Pradhan Mantri Awas Yojana was started by the government in 2015. The mission of this yojana is to construct a house for poor people who don’t have their own house which is beneficial for both urban and rural areas.
The Cabinet approved continuation of the scheme from April 2024 to March 2029. The two crore houses proposed are expected to benefit nearly 10 crore individuals.
Pradhan Mantri Awas Yojana: The mission launched by the Centre is expected to be completed by December this year with the target to construct 29.3 million houses for all rural poor.
The function will witness traditional celebrations with conch, lamp, flowers, and rangoli being organized in new houses.
Union Housing & Urban Affairs Ministry said that out of the 1.14 cr sanctioned houses, over 89 lakh have been grounded for construction and 52.5 lakh completed and delivered to the beneficiaries.
Since assembly elections are due in Uttar Pradesh next year, it is believed that PM Modi may visit the state at least once every month. The Prime Minister had last visited Varanasi in July and Aligarh in September.
The beneficiaries of the PMAY scheme, who were earlier living in kacha houses, faced many problems during the winter season.
Many people living under the poverty line in Jammu and Kashmir are being benefited by Central schemes, especially those living in the far-flung areas in the Rajouri district.
According to PMAY, specific income groups are given subsidies on tax to provide ease in buying a house
The Pradhan Mantri Awas Yojana - Gramin (PMAY-G), a flagship programme of the Modi government, has achieved 92 per cent target of its phase one.
The Central Bureau of Investigation (CBI) on Wednesday filed a case against Dewan Housing Finance Limited (DHFL) and its promoters Kapil and Dheeraj Wadhawan, in connection with criminal conspiracy in PM Gramin Awaas Yojana and loan case.
The assistance will include the release of the first installment to 5.30 lakh beneficiaries and the second installment to 80,000 beneficiaries who have already availed the first installment of assistance under PMAY-G, the Prime Minister's Office said.
Bed-ridden for the last 15 years, a 65-year-old man from Bhadarwah in Jammu and Kashmir's Doda district was among three residents of the Union Territory who recently received the 'best construction award' under the Pradhan Mantri Awas Yojana (PMAY).
As world impatiently awaits the arrival of coronavirus vaccine for civilian use and hope for the start of the beginning of life moving towards pre-COVID era, Prime Minister Narendra Modi on Saturday has said that till the time there is a medicine or vaccine developed for the infectious disease, we can't afford to be careless.
Under Pradhan Mantri Awas Yojana (PMAY), construction work of houses for needy is underway in Jammu and Kashmir's Rajouri distric
A grievance redressal mechanism has been put in place in the Ministry and at Central Nodal Agencies (CNAs) such as National Housing Bank (NHB) and Housing and Urban Development Corporation Ltd. (HUDCO), he said.
"The government will now issue certificates and register the houses in the name of a woman of the family. The authorities have been instructed in this regard. The move is to empower women," Minister for Panchayat and Rural Development Kamleshwar Patel told IANS.
Punjab Chief Minister Amarinder Singh has sought Prime Minister Narendra Modi's intervention to bring more rural poor into the ambit of the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) by relaxing norms of the scheme.
Top News
Latest News
