The announcements by Finance Minister Nirmala Sitharaman for providing rental housing facility for urban poor and migrant labourers as well as extending the credit linked subsidy scheme under PMAY by one more year will give impetus to affordable housing and kick-start consumption of construction materials, according to analysts and developers. The extension of CLSS with the infusion of ₹70,000 crore …
The government announced that it will extend the Credit Linked Subsidy Scheme up to March 2021, which will benefit at least 2.5 lakh middle-income families. The extension of the scheme for middle-income groups with annual income between Rs 6 lakh-Rs 18 lakh is expected not only to create investment in the housing sector and will also create jobs. Commenting on …
