In its first meeting chaired by Prime Minister Narendra Modi, the Union Cabinet approved assistance for building three crore houses under the Pradhan Mantri Awas Yojana. This was the inaugural meeting of the Modi 3.0 government, held at the Prime Minister's residence at 7, Lok Kalyan Marg. Ministers from all NDA allies attended the meeting.
The Cabinet decided to provide assistance for construction of houses to meet the needs of 3 crore additional rural and urban households, addressing the increased number of eligible families, according to officials.
Under PMAY, a total of 4.21 crore houses have been completed for eligible poor families under the housing scheme in the last 10 years.
The Government of India has been implementing the PMAY since fiscal 2016 to assist eligible rural and urban households in constructing houses with basic amenities.
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.
(Text inputs from PTI)
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
