Union Minister Manohar Lal Khattar announced a significant rise in urban investment since 2014, emphasizing the government’s dedication to the ‘Viksit Bharat’ vision by 2047. He highlighted the Pradhan Mantri Awas Yojana (Urban) 2.0 (PMAY-U 2.0), which includes a new rental housing vertical for migrants and streamlined processes for house allocation. Over 88 lakh houses have been completed under PMAY 2.0.
Prime Minister Narendra Modi led the first cabinet meeting of his third term on Monday, assigning portfolios to 71 ministers and issuing directives to guide their conduct. Emphasizing discipline and efficiency, PM Modi cautioned against making unnecessary statements and instructed ministers to punctually attend the ministry to motivate staff. He also encouraged involving Ministers of State in decision-making. The cabinet approved the construction of 3 crore additional rural and urban houses under the Pradhan Mantri Awas Yojana, demonstrating the government’s commitment to addressing housing needs and inclusive growth.
The newly formed Modi 3.0 cabinet, led by Prime Minister Narendra Modi, has approved the proposal to provide assistance for the construction of 3 crore additional rural and urban houses under the Pradhan Mantri Awas Yojana (PMAY). This decision was made during the first meeting of the Union Cabinet of the Modi 3.0 government, which was attended by ministers from all allies of the National Democratic Alliance (NDA). The government has been implementing PMAY since 2015-16 to provide assistance to eligible rural and urban households for the construction of houses with basic amenities. Under this scheme, a total of 4.21 crore houses have been completed for eligible poor families under the housing schemes in the last 10 years.
