PMAY created over 1.2cr job opportunities

The Center’s flagship housing program – Pradhan Mantri Awas Yojana – has created over 1.2 crore job opportunities, said Grant Thornton Bharat’s ‘Moderate Housing in India’ report.

The report referred to that these job opportunities so far were created through forward and in reverse linkages across 21 sectors. Furthermore, the report said that these areas incorporate 250 assistant enterprises like steel, brick kilns, concrete, paint, equipment and sterile among others. As far as stakeholder impact, the report called attention to that PMAY has profited almost 5.8 lakh senior residents, 2 lakh construction workers, 1.5 lakh domestic workers and 1.5 lakh artisans.

“The extent of investment in the housing area has both immediate and indirect effects on different sectors of the economy,” said T. Ravinder Reddy, Partner, Public Sector, Grant Thornton Bharat LLP.