Understanding the प्रधानमंत्री आवास योजना (PMAY) The प्रधानमंत्री आवास योजना (PMAY) is a flagship housing initiative by the Indian government aimed at providing affordable housing to the urban poor. Launched in 2015, the scheme has been a significant part of India's urban development strategy, focusing on ensuring 'Housing for All' by 2022. With the recent developments in Ghaziabad, the scheme continues to be a focal point in discussions about urban housing solutions. Background and Objectives The PMAY was introduced with the goal of addressing the housing shortage in urban areas and providing affordable housing to economically disadvantaged sections of society. The scheme is divided into two components: PMAY-Urban and PMAY-Gramin, targeting urban and rural areas respectively. The urban component focuses on constructing new houses, enhancing existing structures, and providing credit-linked subsidies to eligible beneficiaries. Key Components of PMAY PMAY-Urban: Targets urba...