The scheme allows the economically weaker sections of the society living in rented houses, slums, chawls, unauthorised colonies, etc., to own their own dream home

A provision of Rs 75,000 crore is proposed as a 50-year interest-free loan this year to support the milestone-linked reforms by the state governments, Sitharaman said.

The budget will foster inclusive growth, providing opportunities for women, the middle class, youth, senior citizens and the underprivileged through various schemes, Sitharaman sai

The trinity of demography, democracy and diversity, backed by ‘Sabka Prayas’, has the potential to fulfill aspirations of every Indian, says Sitharaman.

Budget announcement is eagerly awaited by people of age groups, however, for seniors it is an event that gives them hope of saving more money, earning a higher return on their retirement corpus and lowering their expenses.