What is the role of Pradhan Mantri Awas Yojana?

Pradhan Mantri Awas Yojana (PMAY) is an initiative by the Government of India in which affordable housing will be provided to the urban poor with a target of building 2 crore (20 million) affordable houses by 31 March 2022.

Who can get Pradhan Mantri Awas Yojana benefit?

Individuals who are eligible for PMAY scheme are: Any household with an annual income between ₹ 3 lakh to 18 lakh can apply for this scheme. The applicant or any other family member must not now own a pucca house in any part of the country. The beneficiary cannot avail PMAY benefits on the already built house.

What is the main aim of Pmry scheme?

The scheme was launched on the auspicious day of 2nd October, 1993, the birth Anniversary of Mahatma Gandhi all over the country The main objective of the PMRY scheme was to provide easy subsidized financial assistance to educated unemployed youth for starting their own enterprises in manufacturing, business & service …

Can a single woman apply for PMAY?

Any household that includes a married couple and unmarried children can apply for PMAY benefits. Any earning adult member of the family who is unmarried is considered as a separate household. Female ownership or co-ownership is mandatory for EWS and LIG categories.

Was Pmry successful?

Initially the scheme was aimed at providing self-employment to one million educated unemployed youth in the country by setting up 7 lakh micro enterprises through inducting service and business ventures over a period of 2 ½ years. The scheme was a stupendous success and caught the imagination of the youth.

What is Pradhanmantri?

Pradhanmantri (The Prime Minister) is an Indian television political documentary series, hosted by actor-director Shekhar Kapur on Hindi news channel ABP News. The weekly programme chronicles the history of India from 1947 to the present day.

Can a house wife get home loan?

No, a housewife cannot avail a home loan on her own. She can only get it if she is a co-borrower.