The Union Cabinet, led by Prime Minister Narendra Modi, has approved the Pradhan Mantri Awas Yojana-Urban 2.0 Scheme, which aims to construct three crore new houses at a cost of ₹3,60,000 crore. This scheme will provide two crore houses in rural areas and one crore in urban areas, continuing the significant impact of the original Pradhan Mantri Awas Yojana.