Pradhan Mantri Awas Yojana

October 15, 2025 1:29 PM

PMAY 2.0 boosts digital payment adoption, fuels financial inclusion among low-income borrowers: SBI Research

The Pradhan Mantri Awas Yojana-Urban 2.0 (PMAY-U 2.0) is not only fulfilling the dream of home ownership for millions of urban poor and middle-class families but is also driving a remarkable transformation in digital payment behaviour, noted a research report from the State Bank of India (SBI). The scheme, which provides affordable housing loans at subsidized interest rates, has become a catalyst for enhancing both discretionary and non-discretionary spending, says the report. "PMAY is now act...

September 17, 2025 5:34 PM

Angikaar 2025: Bridging the Housing Gap in Urban India under PMAY-Urban 2.0

Pradhan Mantri Awas Yojana, Urban (PMAY-U) has been India’s flagship scheme to achieve "Housing for All" by providing pucca (permanent) homes to low- and middle-income urban families. Before PMAY-Urban 2.0, the scheme had already sanctioned a large number of homes and delivered many of them. But enough challenges remained: application backlog, slow verification, delays in construction, limited awareness among eligible beneficiaries, and homes pending completion. Recognizing these gaps, the gov...

June 5, 2025 11:30 AM

PM Modi reiterates commitment to welfare of the poor as NDA completes 11 years

Prime Minister Narendra Modi on Wednesday reiterated his government’s unwavering commitment to the welfare of the poor, calling the past 11 years of National Democratic Alliance (NDA) rule a period of transformative and inclusive governance. In a post on X, Prime Minister Modi said the government’s sustained efforts had helped lift more than 25 crore people out of poverty. “Over the past decade, the NDA Government has taken pathbreaking steps to uplift several people from the clutch...

May 13, 2025 12:00 PM

Union Minister Shivraj Singh Chouhan to review central schemes in Raipur, attend housing program in Ambikapur

Union Minister of Agriculture and Farmers Welfare and Rural Development, Shivraj Singh Chouhan, will review the implementation of central government schemes in Chhattisgarh during his visit to Raipur on Tuesday. According to an official release by the Ministry of Rural Development, the Union Minister will conduct the review meeting at the Naya Raipur Secretariat. Prior to the meeting, he will participate in a plantation drive on the Secretariat premises. Following the review, Chouhan is schedu...

March 17, 2025 4:54 PM

Over 6.54 crore people living in slums nationwide; 90.60 lakh houses delivered under PMAY-U

A total of 6.54 crore people, representing 1.39 crore households, are currently living in slums across the country, and 90.60 lakh houses have been completed or delivered to slum beneficiaries under the Pradhan Mantri Awas Yojana - Urban (PMAY-U) as of March 3, the Parliament was informed on Monday. In a written reply to the Rajya Sabha, Minister of State for Housing and Urban Affairs, Tokhan Sahu, said that the data on slum households is based on the 2011 Census. Under the PMAY-U scheme, the ...

September 16, 2024 3:23 PM

PM Modi set to visit Jharkhand, Gujarat, and Odisha

Prime Minister Narendra Modi is set to embark on an extensive three-day tour across Jharkhand, Gujarat, and Odisha from September 15-17, 2024, focusing on infrastructure development, renewable energy, and housing initiatives. The tour kicks off on September 15 in Jharkhand, where PM Modi will flag off the Tatanagar-Patna Vande Bharat train at Tatanagar Junction Railway Station. He will also inaugurate and lay the foundation stone for railway projects worth over Rs. 660 crores, including the Mad...