Budget 2024: Govt proposes housing scheme for middle class, 2 crore rural houses to get backing


Budget 2024: Govt proposes housing scheme for middle class, 2 crore rural houses to get backing
Budget 2024: Govt proposes housing scheme for middle class, 2 crore rural houses to get backing
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Charming the working class in front of the impending general decisions, Money Priest Nirmala Sitharaman on Thursday declared that the public authority will send off a lodging plan for the people who are residing in leased facilities or ghettos to purchase or fabricate their own homes.

Featuring the execution of the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G), the Money Pastor said the public authority is near accomplishing the objective of three crore houses in provincial regions in spite of the disturbances brought about by the Coronavirus pandemic. She said the public authority will uphold the development of 2 crore more houses for the provincial poor in the following five years under the proceeding with PMAY-G.

“Regardless of the difficulties because of Coronavirus, the execution of PM Awas Yojana (Grameen) proceeded, and we are near accomplishing the objective of three crore houses. Two crore more houses will be required up in the following five years to meet the necessity emerging from expansion in the number of families,” the Money Clergyman said.

” ₹2 crore additional lodging units in the following five years under the PM Awas Yojana. A new lodging plan for the working class is normal for individuals residing in leased/chawls/unapproved regions on lease to assemble/purchase their own homes. These drives ought to altogether help in stopping the general lodging deficiency looked by the country,” Hindustan Times cited Ravi Shankar Singh, Overseeing Chief, Private Exchange Administrations at Colliers India, as saying.

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To accomplish the objective of ‘Lodging for All’ in provincial regions, the Service of Rustic Improvement is executing PMAY-G with impact from the first of April 2016 to help qualified country families. The PMAGY-G’s significant objective is to build 2.95 crore pucca houses with fundamental conveniences by Walk 2024.

The focal help under PMAY-G is delivered straightforwardly to the State/UT, thinking about the State/UT as a unit. The particular State Government/UT Organization further provides these assets to recipients in different Areas/Blocks/Gram Panchayats.

“How much Focal Portion of assets delivered to the States/UTs for development of houses under PMAY-G during the most recent five years, which is from the monetary year 2018-19 to 2022-23, was around ₹1,60,853.38 crore,” an authority discharge expressed in December.


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Ankit Kataria

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