Finance Minister Nirmala Sitharaman announced the second tranche of ₹20 lakh crore economic stimulus package today. Today's packages aimed at helping thousands of migrant labourers who were the worst hit by COVID-19.
Amid coronavirus outbreak, the migrant labourers and urban poor face challenges to get rent at affordable price. The Central government decided to launch a scheme under Pradhan Mantri Awas Yojana for migrant workers to provide affordable rented houses.
The Centre planned to convert the government funded housing in cities into affordable rental housing complexes under PPP model.
Nirmala Sitharaman said that the central government will incentivize manufacturing units, industries and institutions to develop affordable housing