City
Epaper

Nirmala Sitharaman announces affordable rental housing scheme for migrant workers

By Lokmat English Desk | Updated: May 14, 2020 18:12 IST

Finance Minister Nirmala Sitharaman in her second press conference said, the government will soon launch an affordable rental housing ...

Open in App

Finance Minister Nirmala Sitharaman in her second press conference said, the government will soon launch an affordable rental housing scheme under the PM Awas Yojana for migrant workers and urban poor. Government-funded housing in cities will be converted in Affordable Rental Housing Complexes (ARHC) through the public-private partnership (PPP) model. For middle income group with Rs 6 lakh to Rs 18 lakh annual income, Sitharaman announced an extension of the affordable housing scheme till March 2021.She also said that the second tranche of economic stimulus package will be for the benefit of migrant workers, street vendors and small farmers. 

At a press conference, she said 3 crore marginal farmers have already availed Rs 4 lakh crore of loans on concessional rates. Nirmala Sitharaman also declared a big push towards One Nation, One Ration Card. While announcing measures for migrant workers, Sitharaman said that 100 per cent of ration cardholders will be covered in One Nation One Ration Card scheme by March 2021. This was the second day when Nirmala Sitharaman, along with Minister of State (Finance) Anurag Thakur, addressed the media on Rs 20 lakh crore package declared by PM Narendra Modi earlier. 

Tags: Nirmala Sitharaman
Open in App

Related Stories

NationalNirmala Sitharaman Likely to Introduce New Income Tax Bill in Lok Sabha Next Week

NationalLoan EMI Calculator: How Much Will You Save With Lower EMIs and New Income Tax Slabs?

MaharashtraBudget 2025: Sanjay Raut Calls Special Announcements for Bihar an 'Election Package' (Watch Video)

MumbaiBudget 2025: Mumbai and Maharashtra Receive Major Allocations for Infrastructure, Transport, and Development Projects; Check Details

NationalBudget 2025: FM Nirmala Sitharaman Unveils SWAMIH Fund-2 to Complete 1 Lakh Stalled Homes

National Realted Stories

National'We don't want war with Pakistan, security measures must be implemented in Kashmir', says K'taka CM

NationalRenowned historian, former ICHR Chairman MGS Narayanan passes away

National12 injured in clash between villagers and police in Bihar's Katihar

NationalSmart meter row: Karnataka BJP asks Cong govt to shun 'anti-people' decisions

NationalMassive explosion in firecracker factory kills several in Saharanpur’s Deoband