Union Cabinet approves of PMAY-Urban till 31st December 2024

  • The Union Cabinet has approved the continuation of Pradhan Mantri Awas Yojana-Urban (PMAY-U) – Housing for All Mission till 31st December 2024.
  • Financial assistance is being provided to complete over 122 lakh houses already sanctioned by 31st March 2022.
  • This scheme is one of the major flagship programs being implemented by the Central Government through the States, Union Territories and Central Nodal Agencies to provide all-weather pucca houses to all the eligible beneficiaries in the urban areas of the country.
  • The central assistance sanctioned since 2015 is two lakh three thousand crore rupees as against 20 thousand crore rupees in 2004-2014.

Qns : The Union Cabinet (in Aug-2022) approved the continuation of Pradhan Mantri Awas Yojana (Urban) till which year?

Ans : The Union Cabinet has approved the continuation of Pradhan Mantri Awas Yojana-Urban (PMAY-U) – Housing for All Mission till 31st December 2024.

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