Pradhan Mantri Awas Yojana (PMAY)-Urban 2.0 Scheme: Eligibility to apply, beneficiaries, interest subsidy for homebuyers

Pradhan Mantri Awas Yojana (PMAY)-Urban 2.0 Scheme: Eligibility to apply, beneficiaries, interest subsidy for homebuyers

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

Budget 2024: Realty sector expects higher outlay for PMAY, home loan interest deduction limit raise

Budget 2024: Realty sector expects higher outlay for PMAY, home loan interest deduction limit raise

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

 Trinamool feels the heat as allegations of corruption in PMAY surface

 Trinamool feels the heat as allegations of corruption in PMAY surface

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

View: The city-building never sleeps

View: The city-building never sleeps

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

Flagship missions’ revamp on cards in runup to state polls

Flagship missions’ revamp on cards in runup to state polls

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

Centre takes up non-release of PMAY-G funds with Mamata government

Centre takes up non-release of PMAY-G funds with Mamata government

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