The Rural Development Ministry has been allocated Rs 1.88 lakh crore in the Union Budget for 2025-26, around 5.75 per cent more than the allocation in the previous budget.
Norms flouted, non-BPL families cornered grants, say rural development ministry's reports.
'The size of the investments is important, but equally crucial is the number of jobs that these proposals create.'
Noted housing finance expert Deepak Parekh will head an eight-member committee appointed on Tuesday by the ministry of housing and urban poverty alleviation to discuss the draft guidelines of government's ambitious Rajiv Awas Yojana which aims to make the country slum-free.
Prime Minister Narendra Modi on Wednesday vehemently defended Home Minister Amit Shah against the Congress' accusation that he insulted B.R. Ambedkar in a Rajya Sabha speech. Modi asserted that Shah had actually exposed the Congress' "dark history of insulting" the architect of the Indian Constitution. The prime minister went on to detail a litany of actions by the Congress party that he claimed demonstrated their disrespect for Ambedkar, including denying him a Bharat Ratna and preventing his portrait from being displayed in Parliament's Central Hall. He also criticized the Congress for failing to address the plight of marginalized communities during their time in power. Modi highlighted the efforts of his government in implementing Ambedkar's vision and honoring his legacy.
The government on Tuesday announced central assistance of Rs 2.2 lakh crore over the next five years to meet housing requirement of 1 crore urban poor and middle class families under the Pradhan Mantri Awas Yojana-Urban and proposed interest subsidy to provide loans at affordable rates. In her Budget speech, Finance Minister Nirmala Sitharaman said, "Under the PM Awas Yojana Urban 2.0, housing needs of 1 crore urban poor and middle-class families will be addressed with an investment of Rs 10 lakh crore." "This will include the central assistance of Rs 2.2 lakh crore in the next 5 years," she added.
As the Union Budget 2025-2026 (FY26) inches closer, the Indian real estate industry is seeking stamp duty cuts, revised home loan limits and updated affordable housing norms through Pradhan Mantri Awas Yojna (PMAY), single-window clearance and eco-friendly policies, among others. Industry leaders and consultancy firms, including Anarock, Raheja, Gaurs, Kanodia Group, Reach, Urban Space, Justo and Eros Group, have shared their expectations.
A fresh survey to identify a minimum of eight million new beneficiaries of the flagship rural housing scheme, in addition to the 12 million already identified, will use the latest face-recognition tools to minimise gaps, a senior official said on Tuesday. The survey, which has already started across the country for building the fresh 20 million new rural houses over the next five years, can also be done by the beneficiary himself/herself as well through the Awaassoft mobile application specially created for this purpose.
Finance Minister Nirmala Sitharaman on Tuesday said the government plans to raise capital gains exemption limit on certain financial assets to Rs 1.25 lakh per year for middle and upper middle class.
The finance minister clarified that indexation benefits offered until April 1, 2001 would be protected. This means older properties, including legacy assets, would benefit.
'Focus will be on smaller loan amounts to meet the needs of affordable homebuyers.'
The Union Cabinet in its first meeting under the chairmanship of Prime Minister Narendra Modi on Monday approved government assistance for the construction of three crore houses under the Pradhan Mantri Awas Yojana (PMAY). This was the first meeting of the Union Cabinet of Modi 3.0 government held at the Prime Minister's 7, Lok Kalyan Marg residence.
The Union Cabinet in its first meeting under the chairmanship of Prime Minister Narendra Modi on Monday approved government assistance for the construction of three crore houses under the Pradhan Mantri Awas Yojana (PMAY).
Shah, while releasing the saffron party's manifesto 'Sankalp Patra' for the upcoming assembly elections in Jharkhand, announced that a Displacement Commission would be formed to ensure rehabilitation of people displaced by industries and mines in the state.
He asserted that it was time to "throw such forces out" to protect "mati, beti, roti" (land, daughter, bread).
In accordance with Supreme Court directives to the states, the Madhya Pradesh cabinet approved MP Mob Lynching Victim Compensation Scheme 2023, said minister for medical education Vishwas Sarang after the cabinet meeting.
Banerjee said her microphone was stopped after five minutes, while other chief ministers were allowed to speak for longer durations.
Mortgage finance remains a structural growth opportunity in India with a policy focus on affordable housing, housing shortages, low mortgage penetration, and rising incomes as drivers. Affordable Housing Finance Companies (AHFCs) serve the mass market, low-income segments, which is the least-serviced category, and to operate in this segment, the mortgage provider needs good assessment skills. AHFCs and HFCs have also been increasing exposure in other mortgage segments (loan against property, developer loans among others).
Congress leader Rahul Gandhi on Monday said his party would conduct a "caste census" if elected to power as only such an exercise would ensure the "participation of OBCs, Dalits, tribals and women".
'There is no immediate threat to the government, and they would prefer the growth agenda.'
The generation of quality jobs and skill development should be the focal point, cutting across ministries and departments, asserts Nivedita Mookerji.
After some enforced slowdown in offtake during April-May 2024 due to elections, the cement sector is looking at a possible demand rebound which may help it to push up prices. The April'24 offtake was muted while May'24 saw some improvement with a likely 5-6 per cent rise in demand month-on-month (MoM). In June, some price hikes seem to have been taken, which suggests more sustained improvement in demand.
'When our daughters, wrestlers Sakshi Malik and Vignesh Phogat, were protesting at the Jantar Mantar, the police kicked them with their shoes.'
The Bharatiya Janata Party (BJP) on Sunday pledged to make 30 million 'Lakhpati Didis', up from the 10 million rural women who have already achieved the feat. Prime Minister Narendra Modi on Sunday released the BJP's manifesto for the upcoming Lok Sabha elections. The manifesto says the ruling party will continue the quarterly financial disbursements under the Pradhan Mantri Kisan Samman Nidhi (PM KISAN) yojana.
Several residents of a housing complex built by the Vadodara Municipal Corporation (VMC) under a Gujarat government scheme have been staging protests against the allotment of a flat to a Muslim woman, saying the locality is meant only for Hindus.
With the tagline "Na duri hai, na khai hai, Modi hamara bhai hai, (there's no detachment, there's no chasm, Modi is our brother)", the campaign aims to attract at least 1,000 Muslim women towards the party.
>Rohini Acharya, Lalu Yadav's daughter who donated her kidney to her father in December 2022, is on her introductory campaign trail in the constituency that has been represented by her father four times.
The Aam Aadmi Party on Monday alleged that graffiti threatening Chief Minister Arvind Kejriwal were scribbled inside the metro trains in Delhi, as it accused the Bharatiya Janata Party of being behind this incident.
According to an Andhra government statement, Naidu 'reposed confidence' in the PM's leadership.
'The Congress in the past backed the demand, but will not support it now since the SP opposes any division of UP.'
Stocks in the automotive, financial, cement, metal, and hotel sectors are likely to benefit if the Narendra Modi-led Bharatiya Janata Party (BJP) comes back to power for a third time. The key investment themes have been identified after analysing the Sankalp Patra - the party's manifesto for the next five years - released on Sunday.
The Bharatiya Janata Party on Saturday released its manifesto for the November 17 Madhya Pradesh elections promising MSP for wheat at Rs 2,700 per quintal and paddy at Rs 3,100 and houses for beneficiaries of the state's flagship scheme 'Ladli Bahna'.
What some of our leaders were up to on Thursday, September 7, 2023.
Atiq Ahmed and his brother Ashraf Ahmed were shot dead by men posing as journalists on April 15 night this year, while they were being taken for a medical examination in Prayagraj.
The IOA ad-hoc committee's lawyer did not appear before the Gauhati High Court on Monday.
The new scheme may be announced before the Lok Sabha elections.
Vishnu Deo Sai, a prominent tribal face of the Bharatiya Janata Party, will be the next chief minister of Chhattisgarh where the saffron party returned to power after a gap of five years following the recently-concluded assembly polls.
The government, they said, will launch a mega drive, Viksit Bharat Sankalp Yatra, across all 2.7 lakh panchayats in the country to reach out to beneficiaries and enrol them.
The Gauhati High Court on Sunday stayed the Wrestling Federation of India elections, scheduled for July 11.
'Elections are fought to win.' 'In our party, the leadership takes the final decision, and our leaders are very clear about it.'
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances