In a move to address the housing needs of industrial workers, Finance Minister Nirmala Sitharaman announced a rental housing initiative in Budget 2024.
The scheme will feature dormitory-style accommodations developed through a Public-Private Partnership model, with viability gap funding support and commitments from anchor industries.
This initiative is part of the broader effort to boost industrial growth and worker welfare in the country.
Watch the budget live here:
ADVERTISEMENT
Finance Minister Nirmala Sitharaman rolled out the Union Budget 2024 in the Lok Sabha on Tuesday. This is the first budget after the Narendra Modi government won its third term and Sitharaman's seventh presentation in a row.
WRITTEN BY
Add us to your Preferences
Set as your preferred source on Google
ADVERTISEMENT
RECOMMENDED FOR YOU

Online Gaming Law Does Not Mandate Registration For Social Gaming Firms: MeitY Secretary


Hyundai Motor India Gets 'Reduce' As HDFC Securities Initiates Coverage — Here's Why


Stay 'Neutral' On Amara Raja Maintains Motilal Oswal — Here's Why


Budget 2026-27 Circular Released: Pre-Budget Meetings Set to Begin From Oct. 9
