GK and monthly revision

Land costs squeeze housing dreams, bold reforms can unlock supply: NITI Aayog's Rajiv Gauba

The article discusses the housing challenges in India due to land scarcity and high prices. NITI Aayog proposes structural reforms like increasing Floor Area Ratios and land pooling to unlock housing supply. Government initiatives under PMAY are progressing, with millions of houses completed. Policy measures aim to channel more credit and reduce construction costs, signaling momentum to address the housing crunch if land bottlenecks are resolved.