New Delhi: In a bid to boost urban infrastructure, the Centre Saturday hiked the allocation for the Union Housing and Urban Affairs Ministry by around 18 per cent, setting aside Rs 96,777 crore for it in the Union Budget 2025-26. In the budget presented in Parliament, the government also announced the setting up of an … Read more
Urban housing: The Union Cabinet has recently approved the Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 scheme, under which one crore homes in urban areas will be constructed between 2024-25 and 2028-29. The Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) is a government initiative aimed at providing financial assistance to middle-class and urban impoverished families. … Read more
A higher Budget outlay for Pradhan Mantri Awas Yojana (PMAY), re-introduction of 100% tax holidays on construction of affordable houses and increasing the interest deduction limit on home loans are some of the demands of the real estate industry from the government in this year’s budget. A slew of favourable announcements in this sector could … Read more
A Trinamool Congress activist rides his bike with the party flags. File image for representation. | Photo Credit: PTI The Trinamool Congress is feeling the heat of allegations of corruption in the selection of the Pradhan Mantri Awas Yojana (PMAY) beneficiaries in West Bengal. On Saturday, more than a dozen functionaries of a panchayat samity in Murshidabad … Read more
Strong institutional mechanisms are key to urban governance. A concerted, integrated effort has been made to strengthen local governments in cities. All these initiatives have emphasised on property tax reforms through specific measures to make municipalities financially self-reliant. Source link
New Delhi: The Centre is working to revamp its flagship missions, including Smart City Mission, Pradhan Mantri Awas Yojana and all educational scholarship schemes, to ensure improved implementation and beneficiary outreach. The government has adopted a goal-oriented approach and the new contours of the flagship missions and welfare programmes would be in place by March. … Read more
NEW DELHI: Ahead of the upcoming West Bengal assembly elections, the Centre has strongly taken up the issue of non-release of over Rs 4,500 crore earmarked for Pradhan Mantri Awas Yojana (Gramin) by the Trinamool Congress government. According to sources, the state government has not released the central share of Rs 3,146.64 crore and the … Read more