Budget 2024: Govt’s Rs 2.2 lakh crore boost for the affordable housing
Finance Minister Nirmala Sitharaman today announced a Rs 2.2 lakh crore central assistance to boost development of affordable homes in urban areas - a segment that has been struggling for years. The FM, while tabling the budget for 2024-25 at the Lok Sabha said that under the second instalment of Pradhan Mantri Awas Yojana-Urban (PMAY-U) 1 crore new homes will be built to support the needs of poor and mid-income households.
