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PMAY-U 2.0
August 18 , 2024
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- The Union Cabinet has approved the Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0, with the aim of constructing 1 crore houses.
- It aims to give financial support to the middle class as well as impoverished urban families for building, buying, or renting reasonably priced urban homes.
- The eligible income criteria are as follows:
- EWS households with an annual income up to ₹3 lakh.
- LIG households with an annual income between ₹3-6 lakh.
- MIG households with an annual income between ₹6-9 lakh.
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