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Pradhan Mantri Awas Yojana - Housing for All

Pradhan Mantri Awas Yojana
Announce Date25 June 2015
BeneficiaryPoor People not having own house
Launched byNarendra Modi
Ministry / Department Housing
ObjectiveTo give houses to poor people

Pradhan Mantri Awas Yojana is an ambitious scheme of Narendra Modi government to ensure “Housing For All” for poor people. Under the PMAY, central govt. aims to provide about 5 Crore affordable homes to the EWS / LIG category by FY year 2022. Around 2 crore homes to be build in urban areas under PMAY-U housing scheme and 3 crore in rural areas under PMAY Gramin (PMAY-G) across the country. Indian govt. to provide financial assistance to poor home buyers, interest subsidy on home loan and direct subsidy on homes.

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One Opinion on “Pradhan Mantri Awas Yojana

  1. karanchhabra says:

    Pradhan Mantri Awas Yojana (PMAY) housing scheme to provide own houses to all poor people in urban and rural areas under PMAY-U & PMAY-R housing scheme

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