Having one's own house is a big dream in anyone's life. For which many people work very hard.
But there are many people who are unable to raise enough capital to buy a house. For such people, Pradhan Mantri Awas Yojana is run by the Government of India.
Pradhan Mantri Awas Yojana was launched by the Government of India in the year 2015. Certain eligibility criteria have been set to avail the benefits under this scheme.
To get the benefit under Pradhan Mantri Awas Yojana, the annual family income of the applicant should not exceed Rs 3 lakh. Along with this, only those people can avail the benefit of this scheme who have been registered in the 2011 census.
Under this scheme, people who already have a permanent house will not be given any benefit. Those who have kutcha houses will be given financial help by the government to build permanent houses.