Will interest subsidy be available on home loan? See what is there in the 100 day plan after PM Modi returns to power – lok sabha election 2024 ipm modi 100-day plan for new govt interest subsidy on home loan for poor – 2024-04-11 11:03:30

by times news cr

2024-04-11 11:03:30
New Delhi: On one hand, preparations are going on for the first phase of Lok Sabha elections, while on the other hand, PM Modi is busy in the next mission. PN Modi has asked various ministries to prepare a 100-day plan for the new government. In such a situation, the Ministry is preparing many ‘people friendly’ initiatives. For example, Indian Railways is planning to launch a 24-hour refund scheme for passengers. Currently, it takes at least three days for ticket cancellation to get refund. Apart from this, Railways is also planning to launch a ‘Super App’ for passengers to provide various services including ticketing and train tracking.

Interest subsidy on home loan

The Housing Ministry is preparing to launch the second phase of ‘Urban Livelihood Mission’ focused on skill development. Apart from this, it has been proposed to give loans to the poor through self-help groups. Moreover, after months of discussions, it intends to launch an interest subsidy scheme for home loans for the urban poor. This was announced by PM Modi on August 15. All ministries and departments have finalized their plans. The Cabinet Secretary is reviewing them. The details of the goals being set for the first three months of the new government include a number of projects and planning.

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insurance for railway passengers

According to our associate newspaper Times of India, the Railways has set a target of launching an insurance scheme for passengers, PM Rail Yatri Bima Yojana and obtaining cabinet approval for three economic corridors with a total length of 40,900 km during the first 100 days. . This will require an investment of Rs 11 lakh crore. Railways is also planning to run trains from Jammu to Kashmir with the completion of the Udhampur-Srinagar-Baramulla rail link project. India’s first vertical-lift bridge Pamban Railway Bridge, which connects the country’s mainland to Rameshwaram, will also become operational, officials said. Sources said the Railways will also focus on introducing the sleeper edition of Vande Bharat trains and accelerating the bullet train project. However, as per the plan, about 320 km of the 508 km Ahmedabad-Mumbai Bullet Train section will be operational by April 2029.

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Cashless treatment of road accident victims

On the road transport front, the highway ministry plans to launch a cashless scheme for road accident victims (free medical care) and fix more accident-prone stretches. The Union Civil Aviation Ministry also plans to inaugurate four airports during the first three months.

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