
Pradhan Mantri Awas Yojana (PMAY)
The Pradhan Mantri Awas Yojana (PMAY) scheme was launched in June 2015 by Prime Minister Shri Narendra Modi. The Government of India introduced this scheme to boost the affordability of houses against an inflated real estate sector. It aims to achieve its objective of "Housing for All" by 31 March 2022, the 150th birth anniversary year of Mahatma Gandhi, by constructing 20 million houses across the nation.