Question
Download Solution PDFWhat is the total outlay for PM Awas Yojana in the Union Budget 2023-24?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is 79,000 crore.
In News
- The 2023 Union Budget of India was presented by the Minister of Finance of India on February 01, 2023.
Key Points
- Finance Minister announced that the outlay for PM Awas Yojana is being enhanced by 66 per cent to over Rs 79,000 crore.
- The Defence Ministry has been allocated 5.94 lakh crore rupees in Budget 2023-24.
- This is 13.18 percent of the total budget, and a jump of 13 percent over previous year.
- The Government has also decided to continue the 50-year interest free loan to state governments for one more year to spur investment in infrastructure.
Additional Information
- Pradhan Mantri Awas Yojana – Urban(PMAY-U):
- It is a flagship Mission of Government of India being implemented by the Ministry of Housing and Urban Affairs (MoHUA).
- It was launched on 25th June 2015.
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