Modi transfers PMAY funds to beneficiaries.
ECONOMY & POLICY

Modi transfers PMAY funds to beneficiaries.

Prime Minister Narendra Modi marked his birthday by transferring Rs 2,044 crore as the first instalment under the Pradhan Mantri Awas Yojana (PMAY), directly benefiting over 5.11 lakh families in Chhattisgarh. This financial aid aims to support the construction of pucca houses for eligible beneficiaries. The funds were distributed as part of the "Mor Awas – Mor Adhikar" (My House – My Right) program, which took place in Raipur on Tuesday. Modi participated virtually, while Chief Minister Vishnu Deo Sai and several cabinet ministers were present at the event.

During the program, Modi reiterated the government's commitment to improving the lives of the poor and marginalized communities. He emphasized that significant progress has been made over the past decade in achieving this goal, and initiatives like PMAY have played a crucial role in ensuring the provision of affordable housing.

At the event, more than 23,000 urban families were given the keys to their new homes, along with certificates of completion and religious materials. Chief Minister Sai highlighted the importance of addressing basic needs like food, clothing, and housing, noting that many citizens, even decades after independence, still lacked access to adequate housing. He praised the success of PMAY, stating that Chhattisgarh has received a substantial allocation of nearly 30% of the 32 lakh approved homes under the scheme.

Sai also stressed that the state government is dedicated to implementing the PMAY effectively. He warned against any negligence or misuse of funds, adding that strict action would be taken against district collectors if any irregularities are found. This move reinforces the government's focus on providing affordable housing and improving the standard of living for vulnerable populations across the country.

Prime Minister Narendra Modi marked his birthday by transferring Rs 2,044 crore as the first instalment under the Pradhan Mantri Awas Yojana (PMAY), directly benefiting over 5.11 lakh families in Chhattisgarh. This financial aid aims to support the construction of pucca houses for eligible beneficiaries. The funds were distributed as part of the Mor Awas – Mor Adhikar (My House – My Right) program, which took place in Raipur on Tuesday. Modi participated virtually, while Chief Minister Vishnu Deo Sai and several cabinet ministers were present at the event. During the program, Modi reiterated the government's commitment to improving the lives of the poor and marginalized communities. He emphasized that significant progress has been made over the past decade in achieving this goal, and initiatives like PMAY have played a crucial role in ensuring the provision of affordable housing. At the event, more than 23,000 urban families were given the keys to their new homes, along with certificates of completion and religious materials. Chief Minister Sai highlighted the importance of addressing basic needs like food, clothing, and housing, noting that many citizens, even decades after independence, still lacked access to adequate housing. He praised the success of PMAY, stating that Chhattisgarh has received a substantial allocation of nearly 30% of the 32 lakh approved homes under the scheme. Sai also stressed that the state government is dedicated to implementing the PMAY effectively. He warned against any negligence or misuse of funds, adding that strict action would be taken against district collectors if any irregularities are found. This move reinforces the government's focus on providing affordable housing and improving the standard of living for vulnerable populations across the country.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement