• Naman Khosla
• Anjali V. Narad

In India, the proliferation of slums remains a pressing issue, with approximately 49 percent of the urban population residing in such settlements as per a 2020 study. These areas often lack essential amenities, highlighting the dire need for governmental intervention. Recognizing this challenge, the government launched the flagship Pradhan Mantri Awas Yojana (PMAY) aimed at providing affordable housing solutions to the urban poor, especially those belonging to the economically weaker sections (EWS) and low-income groups (LIG). The overarching objective of PMAY is to ensure 'housing for all' by 2024. The scheme has made significant strides in alleviating squatter settlements and improving living conditions for the urban populace. Beyond just affordable housing, PMAY also aims to tackle broader societal issues such as unemployment, women's empowerment, and holistic urban development. However, despite its successes, challenges persist due to rapid urbanization leading to housing shortages and substandard living conditions. Over the years, various housing programs have been implemented by successive governments, with Ernst Engel's observations from 1857 serving as a foundational understanding of household expenditure patterns. While the current affordable housing strategy may cater to households belonging to the middle-income and higher-income groups (MIG and LIG), it falls short in adequately addressing the needs of millions of low-income households. Nevertheless, PMAY's concerted efforts are proving promising, particularly for the economically weakest sections, indicating a step in the right direction.

Affordable housing, PMAY, Ernst Engel's, urbanization, squatter settlement.

"TRANSFORMING URBAN RURAL THE IMPACT OF PRADHAN MANTRI AWAS YOJANA (PMAY) ON AFFORDABLE HOUSING INITIATIVES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 4, page no.f175-f182, April-2024, Available :http://www.jetir.org/papers/JETIR2404522.pdf

"TRANSFORMING URBAN RURAL THE IMPACT OF PRADHAN MANTRI AWAS YOJANA (PMAY) ON AFFORDABLE HOUSING INITIATIVES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 4, page no. ppf175-f182, April-2024, Available at : http://www.jetir.org/papers/JETIR2404522.pdf