The Pradhan Mantri Awas Yojana (PMAY) stands as a transformative initiative by the Indian government, designed to provide affordable housing to the underprivileged sections of society. Announced by Housing Minister Hardeep Singh Puri, the scheme has successfully built 2.51 crore houses under its rural component, with over 80 lakh homes constructed in urban areas. With an ambitious extension in the latest budget, the scheme is set to sanction an additional 2 crore houses, primarily focusing on rural beneficiaries.… Read more
PM Launches Modi Awaas Gharkul Yojana
Tags: Housing Schemes
Prime Minister Narendra Modi recently inaugurated the Modi Awaas Gharkul Yojana targeted at beneficiaries from the Other Backward Classes (OBC) in Maharashtra. This initiative aims to construct around 10 lakh houses over a period from the financial year 2023-24 to 2025-26. An initial disbursement of Rs 375 crore will be made to 2.5 lakh beneficiaries under this scheme.… Read more
How to View your Name in the PM Kisan Beneficiary List?
Tags: PM Schemes
On February 28, 2024, Prime Minister Narendra Modi introduced the 16th payment cycle of the Pradhan Mantri Kisan Samman Nidhi (PM Kisan) during a notable event in Yavatmal, Maharashtra. The Prime Minister sanctioned the transfer of over Rs 21,000 crore to the scheme’s beneficiaries via direct benefit transfer.… Read more
Empowering Middle-Class Dreams: Government’s New Housing Scheme and Beneficiary Determination
Tags: Housing SchemesSchemes
The middle-class housing scheme is a significant initiative aimed at addressing the housing needs of the middle-income population. In a bid to streamline the allocation process and ensure equitable distribution, the government has announced plans to issue specifications to determine beneficiaries.… Read more
EPF Interest Rates in 2024 and How to Use an EPF Calculator? Explained
Tags: EPFFinanceInterest rate
Introduction:
In 2024, understanding EPF interest rates is crucial for financial planning. This comprehensive guide covers all aspects, including how to utilize an EPF calculator effectively. Dive in to harness the power of your EPF investments!… Read more
Budget 2024: New Homes for the Middle Class, Stronger Infrastructure Ahead
In the 2024 budget, the government plans to boost the real estate sector by focusing on infrastructure and introducing a new housing scheme for the middle class.… Read more
2024 PPF Facts for NRIs
The Public Provident Fund (PPF) has long been a favored savings avenue for residents of India, offering a mix of safety, tax benefits, and attractive interest rates. However, for Non-Resident Indians (NRIs), the eligibility and functionality of PPF accounts come with specific considerations. As of 2024, understanding the nuances of PPF for NRIs is crucial for those seeking to leverage this investment tool while residing outside of India. This comprehensive guide explores the PPF account for NRIs in India, drawing insights from the latest Indian news and sources to provide a thorough understanding of the eligibility criteria, features, and regulatory landscape.… Read more
One nation, One license, Pan India!
Tags: India
The fact that different states and UTs issue their unique driving licenses in their distinct formats has caused some confusion for the government and the traffic police. According to recent data, over 25% of Indians have multiple driving licenses. The government has already removed the requirement to link DLs to Aadhar, but it continues to work toward issuing consistent driving licenses across all States and Union Territories, according to a Times of India report.… Read more
Under PMAY, more than 5,000 residences would be built in Lucknow
The government’s goal to build 80,000 homes under the Pradhan Mantri Awas Yojana (PMAY) will make it easier to build 5,000 homes under PMAY in Lucknow. For the construction of homes under PMAY, the Union Budget for 2022–2023 earmarked Rs 48,00 crore. In Uttar Pradesh, eight lakh gadgets would be created as a result of this strategy.… Read more
All About DDA Housing Scheme 2022!
Tags: DDA Housing Scheme
The DDA Housing Scheme 2022 is a much-desired low-cost housing initiative. Due to a lack of interest from buyers in the DDA’s prior housing plans, the Delhi Development Authority has decided to sell the final components from the previous project. Flat allocation under the DDA Housing Scheme 2022 may be done on a “First Come First Serve” basis.… Read more
