Finance Minister Allocates Massive Funds for Rural Development in 2024-25 Budget

Finance Minister Nirmala Sitharaman announced a substantial allocation of Rs. 2.66 lakh crore for rural development in the 2024-25 Budget. This includes plans to construct three crore additional houses under the PM Awas Yojana in both rural and urban areas.

Finance Minister Nirmala Sitharaman has unveiled a significant budget allocation, earmarking Rs. 2.66 lakh crore specifically for rural development, including infrastructure enhancements.

In her Budget speech for the year 2024-25, delivered in the Lok Sabha, Sitharaman declared that three crore additional houses are slated for construction under the PM Awas Yojana, benefiting both rural and urban regions.

This substantial financial commitment underscores the government's focus on boosting rural infrastructure and addressing housing needs across the country.

(With inputs from agencies.)