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Government to soon launch scheme for those who want to own house in cities: PM

Dated on: Wednesday 23rd August 2023

On Tuesday, Prime Minister Narendra Modi announced that the government will introduce a scheme in the near future aimed at offering interest relief on bank loans for individuals aspiring to own homes in urban areas. Speaking to the nation on the occasion of the 77th Independence Day, Modi stated that his administration will initiate this program to assist middle-class households residing in urban locations who currently lack their own residences. He further highlighted that individuals with limited financial means residing in urban areas without proper housing often encounter challenges.

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