3 crore new houses proposed under PM Awas Yojana

Key Takeaways

  • The government proposes to construct 3 crore new houses under PM Awas Yojana, with a focus on urban development and rental housing for industrial workers.
  • The Union Budget 2024-25 includes the inclusion of one crore urban poor and middle-class families under PM Awas Yojana Urban 2.0.
  • The government will set up rental housing for industrial workers under the Public-Private-Partnership mode, with 14 large cities having Transit Oriented Development Plans.

New Delhi: Union Finance Minister Nirmala Sitharaman on Tuesday announced the construction of 3 crore additional houses in rural and urban areas under the PM Awas Yojana.

Presenting the Union Budget 2024-25, the FM announced the inclusion of one crore urban poor and middle-class families under the PM Awas Yojana Urban 2.0.

She said that under the ‘Urban Development: Cities as Growth Hubs’, 14 large cities with a population of above 30 lakh will have Transit Oriented Development Plans.

She also proposed setting up of ‘rental housing’ for industrial workers which will be facilitated under the Public-Private-Partnership mode.

She also announced that 100 large cities will get new water supply, sewage treatment and solid waste management projects and services.

Sitharaman said that the government will give special attention to energy security and promote the PM Surya Ghar Muft Bijli Yojana under which more than 1.28 crore registrations and 14 lakh applications have been received.

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