Regarded as the second-most unequal region in the world, in terms of income inequality, it comes as no surprise that India also has a problem with homelessness. In fact, the last census found around 6.5 crore people living in urban slums. Homelessness is the grim reality many citizens in urban and rural areas grapple with. However, this isn’t to say that the Government of India hasn’t been proactive about solving this issue. In 1985, under Rajiv Gandhi, Indira Awaas Yojana, which is the IAY full form, was launched and this initiative focused on providing housing for the rural population in India.
Fast forward 40 years, the then Indira Gandhi Awas Yojana Gramin scheme is no longer known by the same name but its provisions, goals, and features are still very much in effect under the PMAY initiative. Through this, the Government of India aims to provide housing for all, not just the rural population, through the construction of millions of homes.
However, any comprehensive IAY report will show you that PMAY was built on the foundation laid by the IAY scheme. So, for a detailed breakdown of the IAY scheme, details of its operations in India, and to understand why it has been renamed as PMAY, read on.
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