Budget: Government may make big announcements for low-income groups in housing scheme

The 'Pradhan Mantri Awas Yojna' has not been able to garner enough demand from the low-income group owing to smaller sizes of the houses offered. Photograph:( Others )

WION Web Team Delhi, India Jan 25, 2018, 08.21 AM (IST)

The upcoming budget may bear good tidings for the low-income group.

Reports suggest that the Modi government may boost its 'housing for all' vision by going big on announcements for the low-income group in this year's budget. 

The Prime Minister Housing Scheme, also known as the Pradhan Mantri Awas Yojna, may introduce more options to cater to the low-income group, lure them and make housing more affordable. 

Interest subsidy under the scheme can be extended. People with an annual income of 6 lakh may now get bigger houses by 60 meters. 

The Pradhan Mantri Awas Yojna has not been able to garner enough demand from the low-income group owing to smaller sizes of the houses offered under the scheme.