News

Centre urges state government to include marginalised workers under PM housing scheme The Centre on Tuesday requested state governments to extend the benefits of the Pradhan Mantri Awas Yojana (PMAY) to disadvantaged workers, to ensure social justice and enhance ease of living.  The Ministry of Labour and Employment said it has issued a letter to all state governments, urging the inclusion of migrant workers, building workers, beedi workers, cine workers, non-coal mine workers, contract labourers and other unorganised workers under the housing scheme. The decision f...
Centre urges state government to include marginalised workers under PM housing scheme
Centre urges state government to include marginalised workers under PM housing scheme
Source: IANS
2024-09-03 02:45:06 pm
Finance Minister Nirmala Sitharaman tells bank chiefs to step up growth rate of deposits Finance Minister Nirmala Sitharaman, at a review meeting held on Monday, asked the chiefs of public sector banks to accelerate the growth rate of their deposits to match the quicker pace at which the credit is growing. The growth rate of deposits is 3 to 4 per cent slower than the pace at which credit is growing in recent months which is seen as posing a risk of asset-liability mismatch in the banking system. According to sources, the Finance Minister reviewed the financial performance ...
Finance Minister Nirmala Sitharaman tells bank chiefs to step up growth rate of deposits
Finance Minister Nirmala Sitharaman tells bank chiefs to step up growth rate of deposits
Source: IANS
2024-08-20 10:06:30 am
Centre announces one crore houses for urban poor Union Finance Minister Nirmala Sitharaman on Tuesday proposed an allocation of Rs 2.2 lakh crore for urban housing, along with a Rs 10 lakh crore interest subsidy scheme in the flagship Pradhan Mantri Awas Yojana (PMAY) scheme.  This will give further impetus to the government’s programme to provide affordable housing. "Housing needs of one crore urban poor and middle-class families to be addressed with an investment of Rs 10 lakh crore, including the Central assistance ...
Centre announces one crore houses for urban poor
Centre announces one crore houses for urban poor
Source: IANS
2024-07-23 02:50:13 pm
Real estate and construction stocks jump after announcement of 3 crore houses under PMAY Real estate and construction sector shares were trading in the green on Wednesday after Prime Minister Narendra Modi’s new cabinet announced the construction of 3 crore additional houses in rural and urban areas under the Pradhan Mantri Awas Yojana (PMAY).   This is the third consecutive session when real estate and sector stocks have remained bullish. Shares of Godrej Properties, UltraTech Cement, Mahindra Lifespace, LIC Housing, ShreeCement and NCC were in the green. In ...
Real estate and construction stocks jump after announcement of 3 crore houses under PMAY
Real estate and construction stocks jump after announcement of 3 crore houses under PMAY
Source: IANS
2024-06-12 01:56:01 pm
Government to provide assistance to construct 3 crore rural and urban houses under PMAY In order to meet the housing requirements arising out of the increase in the number of eligible families, the Government has decided in the cabinet meeting to provide assistance to 3 crore additional rural and urban households for the construction of houses under Pradhan Mantri Awas Yojana (PMAY). The Government of India is implementing Pradhan Mantri Awas Yojana since 2015-16 to provide assistance to the eligible rural and urban households for construction of houses with basic amenities. ...
Government to provide assistance to construct 3 crore rural and urban houses under PMAY
Government to provide assistance to construct 3 crore rural and urban houses under PMAY
Source: Accord Fintech
2024-06-11 02:54:55 pm
PSU banks to benefit from treasury gains on lower fiscal deficit  A lower fiscal deficit versus estimated is likely to raise government bond prices and a treasury gain is very likely for the public sector banks, LKP Securities said in a report on sectoral impact of Interim Budget 2024. PSU banks were the top gainers in trade on Thursday. Nifty PSU Bank was the sector which outperformed, up by 3.11 per cent. ITDC was up 20 per cent following the Budget announcement on the push for tourism. Hudco was up 19 per cent following the announcement on af...
PSU banks to benefit from treasury gains on lower fiscal deficit
PSU banks to benefit from treasury gains on lower fiscal deficit
Source: IANS
2024-02-02 10:32:08 am
Top realtors hail Interim Budget as `inclusive growth oriented & visionary` Top realty developers and builders here on Thursday have lauded the Interim Budget 2024-2025 as 'visionary' and 'inclusive growth oriented' with sustainable development intended to transform India. NAREDCO Maharashtra President Sandeep Runwal said the commitment to PM Awas Yojana Gramin with a target of constructing 2 crore additional houses, continues the government's focus on rural development. "Achieving the milestone of 3 crore houses under the rural housing...
Top realtors hail Interim Budget as `inclusive growth oriented & visionary`
Top realtors hail Interim Budget as `inclusive growth oriented & visionary`
Source: IANS
2024-02-02 09:53:00 am