<h1>Government Launches New Homeownership Scheme for Middle-Class Renters, Slum Dwellers, and Unauthorized Colony Residents.</h1> The government plans to launch a new scheme to assist middle-class individuals living in rented housing, slums, chawls, and unauthorized colonies in purchasing or constructing their own homes. This initiative was announced during the presentation of the Interim Budget 2024-25. The government is nearing its goal of building three crore houses under the PM Awas Yojana (Grameen) despite COVID-19 challenges and aims to construct an additional two crore houses over the next five years to accommodate the growing number of families. The approach focuses on comprehensive and inclusive development to transform India by 2047.