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Nirmala Sitharaman announces affordable rental housing scheme for migrant workers

By Lokmat English Desk | Published: May 14, 2020 6:12 PM

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

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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
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