Finance Minister Nirmala Sitharaman is currently presenting her sixth consecutive budget. At the outset of her speech, the minister underscored the government’s top priority for four key groups: the poor, youth, women, and farmers. She delved into various subjects, including the economy, women’s involvement in the workforce, PMAY-G, and the significant impact of ‘youth power’ in sports, housing scheme, Skill India Mission, and tax slab, among other subjects.
Housing scheme for middle class
In her presentation, the Finance Minister spoke about inclusive development and growth. She said that the government will launch a scheme for the “deserving” sections of the middle class. The scheme would help the middle class, which currently lives in rented houses, slums, chawls and unauthorised colonies, build their own homes.
Sitharaman revealed that India is close to achieving its target of three crore houses under rural housing scheme. Additionally, two crore more houses will be taken up in the coming five years to meet the requirement arising from increase in the number of families.