PMAY-U 2.0 BOOSTS SUPPORT FOR HOUSING FINANCIERS - UPSC Archives - Universal Group Of Institutions
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11Aug 2024

PMAY-U 2.0 BOOSTS SUPPORT FOR HOUSING FINANCIERS

Why in the news? PMAY-U 2.0, approved by the Union Cabinet, increases the Credit Guarantee Fund corpus to ₹3,000 crore and aims to support 1 crore urban poor families with affordable housing. source:researchgate Understanding the enhanced support for Housing Financiers: The Pradhan Mantri Awas Yojana (Urban) 2.0 (PMAY-U 2.0), launched to address the housing shortage …

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