Pradhan Mantri Awaas Yojana

The Union Cabinet on Wednesday approved continuation of Pradhan Mantri Awas Yojana (Urban) till December, 2024, a statement stated

A total of 6.1 mn all-weather 'pucca' houses, out of 12.2 mn houses, have been constructed or delivered to beneficiaries under the PMAY-U 'Housing for All' mission, Hardeep Singh Puri said

The programme also witnessed inauguration of 1,152 houses constructed as part of the Light House Project-Chennai, built at a cost of Rs 116 crore under Pradhan Mantri Awas Yojana-Urban

Addressing the 'Atmanirbha Arthavyavastha' (self-reliant economy) symposium organised by the BJP, he said a big dream of poor persons is having their own home

Anurag Thakur told a media briefing on Cabinet decisions that the extension has been granted beyond March 2021, and till March 2024.

Andhra Pradesh has emerged as one of the top performing states under Pradhan Mantri Awas Yojana (PMAY-Urban)

Prime Minister Narendra Modi Tuesday laid foundation stones for two metro lines and affordable housing projects entailing investment of over Rs 33,000 crore in the megapolis. At an event held here months ahead of the crucial general elections in 2019, Modi kickstarted work on the ambitious Thane-Bhiwandi-Kalyan (Metro 5) and the Dahisar-Mira Bhayander (Metro 9) in this Mumbai suburb, which will see investments of over Rs 15,000 crore. He also launched the Navi Mumbai town planning authority Cidco's (City & Industrial Development Corporation (Cidco) mass-housing scheme worth Rs 18,000 crore, which offers around 89,771 affordable units under the Pradhan Mantri Awas Yojana. Accompanied by state chief minister Devendra Fadnavis and Union urban development minister Hardeep Singh Puri, Modi laid the foundation stones for the these three projects. The Rs 8,416-crore, 24.9-km-long Thane-Bhiwandi-Kalyan metro corridor (Metro-5) is expected to carry around 2.29 lakh commuters

Adjusting the credit-linked subsidy by reducing the loan tenure effectively negates any benefit from it

Incidentally, both the rural and urban components of the PMAY are driven by the Centre, not just because it foots 60% of the cost, but also because of the obvious political mileage