About 158 lakh Metric Tonne steel and 692 lakh Metric Tonne cement is likely to be consumed in construction of all the houses sanctioned under PMAY(U) as per estimates, said Hardeep Singh Puri, Civil Aviation Minister of India and Ministry of Housing and Urban Affairs in India. Addressing a webinar on Atmanirbhar Bharat: Fostering Steel Usage in Housing & Construction and Aviation Sector, the Minister said that nearly 84 lakh MT steel and 370 lakh MT cement would have already been consumed in houses grounded/completed so far.
Informing that under PMAY(U), so far, 1.07 cr houses (against demand of 1.12 cr houses) across 4,550 urban cities and 67 lakh houses have been grounded and 35 lakh have been delivered so far, Hardeep Singh Puri added that an estimated 3.65 crore jobs would be generated in construction of all sanctioned houses of which about 1.65 crore jobs would have already been generated in construction of houses grounded so far. The minister added that in 2019, a vision for India becoming a $ 5 trillion economies by 2024 was laid out by Prime Minister.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
