Economic Survey: PMAY-U Urban Housing Achievements

The Economic Survey for 2024-25 reports significant progress in urban housing initiatives.

As of November 25, 2024, a substantial number of houses, exceeding 89 lakh, were completed in urban areas under a specific government scheme.

• Scheme Identified: The Pradhan Mantri Awas Yojana – Urban (PMAY-U) is credited with achieving this milestone.
• Focus: PMAY-U aims to provide affordable housing in urban areas, addressing the needs of the urban poor.
• Achievement Metric: The completion of over 89 lakh houses signifies a major success for the PMAY-U mission in the urban sector by the specified date.

Other schemes like Shelter for Urban Homeless (SUH) and the Smart Cities Mission have different objectives, while Indira Awas Yojana was an earlier rural housing scheme preceding PMAY.