Two new housing schemes to benefit the economically backward sections, PM


India CSR Network

NEW DELHI: Narendra Modi, Prime Minister while addressing the national today announced two new housing schemes aimed to benefit the economically backward sections as well as financial aid for pregnant women.

In 2017, people of middle and lower-middle classes will get discount of 4% for a home loan of up to Rs 9 lakh, and of 3% for a loan of up to Rs 12 lakh.

PM assured nation that government efforts for the year 2017 would be to bring the banking system to normal at the earliest. In a televised address, he said that the law will deal with the dishonest, congratulating people for backing the government’s demonetisation exercise.

Following are key highlights of PM’s talk: 

Demonetisation is a purification campaign.

After Diwali, people of the country made sacrifices to defeat the vices (of corruption and black money).

We don’t want to lag behind in the war against black money, corruption.

People of the country have proved that goodness prevails.

People of India have proved that honesty and truth matter a lot to them.

People have suffered (because of demonetisation) for the foundation of a bright future.

We got 10,000 of letters on demonetisation – many highlighting the hardships post note ban.

Our effort in the new year will be to ensure normality in the banking system at the earliest.

Pro-active endeavours in rural areas to provide relief to villagers, farmers.

What Indians have done, for that there is no example in the world.

You will be shocked to know that only 24 lakh people in the country admit that they earn more than Rs 10 lakh annually.

But the question now is: what happens to the dishonest? Law will take its own course.

This government is a friend of the honest and in favour of putting the dishonest in the path of truth.

Government officials should help the honest and crack down on the dishonest.

Banking sector worked hard in the period after note ban.

However, people who have indulged in fraudulent practices, including government officials, will not be spared.

Banks should focus on serving the poor, lower middle-class.

The more you empower the oppressed and the weaker sections, the stronger will be the nation.

Two housing schemes for the economically weaker sections.

In 2017, people of middle and lower-middle classes will get discount of 4% for a home loan of up to Rs 9 lakh, and of 3% for a loan of up to Rs 12 lakh.

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