Business Standard

Rs 6.16-trn investment approved under PMAY(U) scheme: Hardeep Singh Puri

PMAY(U) seeks to provide all weather pucca houses to beneficiaries in economically weaker sections in urban areas

real estate, housing

Housing sector contributes significantly to the country's Gross Domestic Product with direct impact on employment generation

Press Trust of India New Delhi

An investment of Rs 6.16 trillion has been approved so far under the Pradhan Mantri Awas Yojana (Urban) and the committed central assistance is Rs 1.65 trillion, Union minister Hardeep Singh Puri said on Thursday.

The Minister of State for Housing and Urban Affairs also told Lok Sabha that no data regarding property-less people is maintained by the ministry.

Click here to connect with us on WhatsApp

PMAY(U) seeks to provide all weather pucca houses to beneficiaries in economically weaker sections in urban areas. According to him, poverty alleviation is also a focus area.

"The total investment approved under PMAY(U), so far, is Rs 6.16 trillion with committed central assistance of Rs 1.65 trillion," he said in a written reply.

 

Housing sector contributes significantly to the country's Gross Domestic Product with direct impact on employment generation, he added.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 19 2020 | 2:46 PM IST

Explore News