Odisha government announces ‘Mo Ghara’ housing scheme

Odisha government announces ‘Mo Ghara’ housing scheme

Daily Current Affairs   /   Odisha government announces ‘Mo Ghara’ housing scheme

Change Language English Hindi

Category : State Published on: June 01 2023

Share on facebook
  • The scheme will cover all such families who were left out in the existing housing schemes either due to stringent eligibility criteria or insufficient allocation
  • In a major relief to economically and socially weaker households, the Odisha Government on 29 May 2023 announced the launch of ‘Mo Ghara’ (My House) to provide credit-linked financial assistance to beneficiaries who face fund crunch to complete or upgrade their houses.
  • Under the scheme, a beneficiary can avail housing loan of up to Rs. 3 lakh which can be repaid in 10 years excluding 1 year moratorium period in easy installments.
  • Beneficiaries from the scheduled caste, scheduled tribe, or a person with disabilities will get up to ₹40,000 financial assistance for every ₹1 lakh loan to build or expand their house while others can get up to R 30,000 financial assistance.
Recent Post's

  • Mongolia’s parliament appointed 39-year-old Uchral Nyam-Osor as the new Prime Minister with 88 out of 107 votes, marking the third leadership change in nine months.

    Read More....

  • ISRO has launched Mission Mitra in Ladakh to test psychological resilience and team dynamics of Gaganyaan astronauts in extreme high-altitude conditions.

    Read More....

  • Myanmar’s parliament elected military leader Min Aung Hlaing as President with 429 votes, consolidating military control after the 2021 coup.

    Read More....

  • Prime Minister Modi inaugurated the Samrat Samprati Museum in Gujarat to highlight the contributions of Mauryan ruler Samrat Samprati, popularly known as ‘Jain Ashoka’.

    Read More....

  • Vice President C.P. Radhakrishnan released Sudha Murty’s book ‘Tides of Time’, which showcases India’s history through 124 murals in the Parliament building.

    Read More....

  • The Indian Navy commissioned stealth frigate INS Taragiri, the fourth vessel under Project 17A, at Visakhapatnam on April 3, 2026.

    Read More....

  • The Ministry of Education has granted ‘Deemed to be University’ status to NCERT, enabling it to offer PhD programmes and advanced research in school education.

    Read More....

  • Sadhana Saptah 2026 Day 3 on 4 April will feature expert webinars on Quantum Technology, Digital Infrastructure and Artificial Intelligence for better governance.

    Read More....

  • 1992-batch IAS officer Chanchal Kumar took charge as Secretary of the Ministry of Information & Broadcasting on April 1, 2026.

    Read More....

  • Renowned sand artist Sudarshan Pattnaik has been appointed as the brand ambassador for India’s first digital Census 2027.

    Read More....