Pradhan Mantri Awas Yojana: Centre Approves 1.12 Lakh More Houses
New Delhi: The Centre has approved construction of nearly 1.12 lakh more affordable houses for urban poor in eight states under the Pradhan Mantri Awas Yojana, with Andhra Pradesh bagging the largest share of over 37,000 housing units, an official said today. According to the Housing and Urban Affairs Ministry, which is mandated to implement the scheme, the total number of houses being funded under the PMAY (urban) is close to 55 lakh across the country so far. The approval was given in a meeting of the central sanctioning and monitoring committee (CSMC) of PMAY(U) yesterday.  Â
Last month, the committee also sanctioned construction of 2.67 lakh affordable houses for the poor in 10 states. "The Ministry of Housing and Urban Affairs has approved the construction of 1,12,213 more affordable houses for the benefit of urban poor under Pradhan Mantri Awas Yojana (urban)," according to a statement issued by the ministry.  Â
It stated that Andhra Pradesh has been sanctioned 37,719 houses while the sanction for Haryana is 19,858. The number of houses sanctioned for Madhya Pradesh is 18,375, Maharashtra 12,238 houses, Chhattisgarh 10,632 houses and Karnataka 8,761 houses, it stated.  Â
"Approvals given for J&K stands at 4,442 houses while Arunachal Pradesh has been sanctioned 188 houses," the statement added. The ministry said that central assistance of Rs 1,683.18 crore will be provided to execute these projects. "With these proposed houses, cumulative houses under PMAY(U) would become 54,95,443 after final approval from CSMC," it added.  Â
In the last CSMC meeting, Madhya Pradesh was sanctioned 59,421 houses, while 55,296 housing units were authorised for Gujarat.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
