Realty Beat

Union cabinet approves government assistance for constructing three crore PMAY houses, ET RealEstate


110889187

NEW DELHI: The Union Cabinet in its first meeting under the chairmanship of Prime Minister Narendra Modi on Monday approved government assistance for the construction of three crore houses under the Pradhan Mantri Awas Yojana (PMAY).

This was the first meeting of the Union Cabinet of Modi 3.0 government held at the Prime Minister’s 7, Lok Kalyan Marg residence. The meeting was attended by ministers of all allies of the NDA.

“It has been decided in the Cabinet meeting today to provide assistance to three crore additional rural and urban households for the construction of houses to meet the housing requirements arising out of the increase in the number of eligible families,” officials said.

The government of India is implementing the PMAY since 2015-16 to provide assistance to eligible rural and urban households for the construction of houses with basic amenities.

Modi lauded the decision as a boost for “ease of living” and dignity for crores of Indians.

He said on X, “This decision underscores the government’s commitment to addressing the housing needs of our nation and ensuring that every citizen leads a better quality of life. The expansion of PMAY also highlights our government’s commitment to inclusive growth and social welfare.”

Under PMAY, a total of 4.21 crore houses have been completed for the eligible poor families under the housing schemes in the last 10 years.

All the houses constructed under PMAY are provided basic amenities like household toilets, LPG connection, electricity connection and functional household tap connection through convergence with other schemes of the central and state governments.

  • Published On Jun 11, 2024 at 08:38 AM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETRealty App

  • Get Realtime updates
  • Save your favourite articles

Scan to download App




Source link

Exit mobile version