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Pradhan Mantri Awas Yojana
This scheme is meant to provide housing for all by the year 2022. In this scheme, more than 2 crores home will be built in the coming 7 years, in all the urban locations. It's main aim is to provide housing to SC/ST's, Women and people belonging to the Economically Weaker Sections. A grant of 1-2.5 lakh will be provided to every home by the Central Government.
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Pradhan Mantri Awas Yojana (Urban) aims to provide affordable housing to urban poor through interest subsidies, in-situ slum redevelopment, and credit-linked benefits. It directly addresses the housing shortage in cities, making it a cornerstone initiative for improving urban living standards.
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