Government SchemesGS2-Social Justice

PMAY and Housing Scheme Focus on Quality of Life

The interim Budget 2024 announced additional houses under PMAY-G and a new housing scheme, prompting consideration of quality of life aspects and environmental concerns.

February 22, 2024

Key Points

  • 1Finance Minister Nirmala Sitharaman announced construction of two crore houses over five years.
  • 2The announcement builds on the success of the PMAY scheme, which facilitated construction of nearly three crore rural and 80 lakh urban affordable houses since 2015.
  • 3Light House Projects (LHPs) are underway as part of the Global Housing Technology Challenge (GHTC).
  • 4Modern technologies like Mivan offer efficiency but can lead to increased energy consumption.
  • 5Prioritizing thermal comfort is essential to make communities resilient to heat stress.

Important Terms

PMAYHousingSustainabilityThermal ComfortEnvironment
UPSC Current Affairs
Last Updated: 5/31/2025