New Delhi, Feb 20 (PTI) The Union Cabinet today approved extra-budgetary support for government’s flagship housing scheme Pradhan Mantri Awas Yojana (Urban), an official source said. Also Read - Cabinet Approves Laying Submarine Optical Fibre to Provide High-speed Broadband to Lakshadweep | All You Need to Know
Under the PMAY(U), the housing and urban affairs ministry targets construction of about 1.2 crore houses for the urban poor. Also Read - Cabinet Approves Rs 8575 cr East-West Corridor Metro Project in Kolkata, Reforms in Natural Gas Sector | Full Details
The scheme got allocation at Rs 6,505 crore for Budget 2018-19 as compared to Rs 6,042.81 crore in 2017-18. However, additional budgetary resources of Rs 25,000 crore was also proposed for the scheme to be raised outside the general budget. Also Read - Good News! Cabinet Approves 4% Increase in Dearness Allowance for Central Govt Employees
In urban areas, the assistance has been sanctioned for construction of over 39 lakh houses so far.
This is published unedited from the PTI feed.