Union Finance Minister Nirmala Sitharaman proposed an allocation of Rs 2.2 lakh crore for urban housing, along with a Rs 10 lakh crore interest subsidy scheme in the flagship Pradhan Mantri Awas Yojana (PMAY) scheme.
Finance Minister Nirmala Sitharaman, presenting her seventh-consecutive Budget and her first in Modi 3.0, spotlighted nine priority areas for generating ample opportunities for all.
The schemes aim to support slum dwellers and individuals living on rent, enabling them to purchase or construct their own houses.
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