As many as 1.53 crore houses have been constructed under the flagship housing scheme Pradhan Mantri Awas Yojana, interim Finance Minister Piyush Goyal said in his Budget speech on February 1.
As per Piyush Goyal, during the period 2014-18, a total number of 1.53 crore houses have been built under the Pradhan Mantri Awas Yojana (PMAY).
The number includes houses under the rural and urban schemes.
In the FY2019 budget, the Government had also announced a dedicated affordable housing fund, which was expected to benefit banks and housing finance companies raise financing to increase their exposure to the affordable housing loan segment and thus support the PMAY programme implementation.
The government earlier this week had approved over 4 lakh houses under its Pradhan Mantri Awas Yojana (Urban), taking the total number of houses sanctioned under the scheme to over 72.5 lakh. The approval was given at the 42nd meeting of the Central Sanctioning and Monitoring Committee held on January 30.
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