'₹ 48,000 cr is allotted for PM Awas Yojana in this years budget'.

Identify the government objective fulfilled from the statement above.

Redistribution of income

The statement "₹ 48,000 cr is allotted for PM Awas Yojana in this year's budget" indicates the government objective of :Redistribution of income.

• Redistribution of income: This objective aims to reduce income inequality and improve the living standards of the less privileged. PM Awas Yojana specifically targets affordable housing for low-income groups, aligning with this objective by providing them access to better housing facilities, potentially improving their living conditions and well-being.