Inclusive Development

National Urban Housing Fund

The Union Cabinet has approved the creation of a National Urban Housing Fund (NUHF) worth Rs 60,000 crore.


The NUHF aims to raise funds in the next four years to ensure a sustained flow of central release under Pradhan Mantri Awas Yojana (PMAY)-Urban, enabling construction of houses.

PMAY- Urban: It is a housing scheme being implemented from 2015 to 2022. The scheme comprises of four components: (i) in situ rehabilitation of existing slum dwellers through private participation, (ii) credit linked subsidy scheme (CLSS) for economically weaker section (EWS), lower income group (LIG), and middle-income group (MIG), (iii) ....

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Indian Economy & Socio-economic Development