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LIVE: Union Cabinet approves Pradhan Mantri Awas Yojana-Urban 2.0 with Rs 2.30 trn assistance | India News

housing, housing finance

In the first phase of PMAY-U 2.0, 1.18 crore houses have been sanctioned, with over 85.5 lakh homes already built.

8:37 AM

No provision for creamy layers in SC/ST reservation, says Vaishnaw

On Friday, Union Minister Ashwini Vaishnaw stated that the Constitution drafted by BR Ambedkar does not include provisions for a creamy layer in SC and ST reservations, and the NDA government must adhere to this Constitution. Vaishnaw’s comments followed a recent Supreme Court ruling granting states the authority to sub-classify Scheduled Castes (SCs) and Scheduled Tribes (STs). The Court also noted that states could develop policies to identify and exclude the creamy layer within SCs and STs from affirmative action benefits.

8:29 AM

Olympics 2024: Wrestler Aman Sehrawat wins Bronze in 57kg freestyle event

Indian wrestler Aman Sehrawat claimed India’s sixth medal at the 2024 Paris Olympics by securing bronze in the men’s 57kg freestyle wrestling event. After winning his initial two rounds with technical superiority, Aman lost his semifinal match to Japan’s Rei Higuchi by technical superiority on Thursday, which led him to the bronze medal match on Friday. This victory marks India’s first wrestling medal at the 2024 Paris Olympics and adds to the country’s tally of five bronze and six total medals in Paris.

8:27 AM

Union Cabinet approves PMAY-U 2.0 with Rs 2.30 trn housing assistance

On Friday, the Union Cabinet approved Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0, which will offer financial aid to one crore urban poor and middle-class families across states and Union Territories for constructing, purchasing, or renting affordable housing in urban areas over the next five years. This decision was made during a Cabinet meeting led by Prime Minister Narendra Modi. The government plans to allocate Rs 2.30 trillion for the scheme. In the initial phase of PMAY-U 2.0, 1.18 crore houses have been approved, and over 85.5 lakh homes have already been built and handed over to beneficiaries.

First Published: Aug 10 2024 | 8:26 AM IST