Finance

What Are the Key Benefits of PMAY?

The government of India launched the Pradhan Mantri Awas Yojana in June 2015 as part of its ‘Housing for All’ mission. Under this scheme, the government aims to provide a housing unit for all Indian citizens by March 2022. Many experts believe that the PMAY initiative is an important step taken by the government to help the poor realise their dream of owning a home. Let us look at some of the benefits of the PMAY scheme Rehabilitation of the slum dwellers The PMAY is specially designed to benefit the economy and the citizens. One of the important objectives of...