Modi government pledges 20 million new rural homes, boosts funding

One of the main criteria that will separate the new homes in rural India under PMAY-G from the ones that have been already constructed is the increased per-unit funding allocated for construction

One of the main promises of the Narendra Modi government in its third term is to construct 20 million new houses for the rural poor.

After taking charge earlier this month, the new government gave ‘in-principle’ approval for the proposal in its first Cabinet meeting.

The houses will be built over the next five years, averaging 4 million homes per year starting from FY25.

One of the main criteria that will separate the new homes in rural India from the ones that have been already constructed is the increased per-unit funding allocated for construction.

In the FY25 interim Budget, the