4 schemes announced in Budget 2025 that will help homebuyers, farmers, gig workers and street vendors
real estate revival, welfare for gig workers, farmer support, and small business empowerment. Here are the four announcements made in the Budget 2025 for homebuyers, gig workers, farmers and street vendors.
1. SWAMIH Fund 2 for homebuyers
Building on the success of SWAMIH Fund-1, the finance minister launched SWAMIH Fund-2. This fund is aimed at providing relief to distressed housing projects and also help homebuyers to easily. Under the first SWAMIH Fund, 50,000 stalled dwelling units were completed and were given to the homebuyers. This helped homebuyers who were paying EMI on stuck housing projects while also living in the rental house. With SWAMIH Fund-2, the government plans to complete an additional 40,000 units in 2025, benefiting middle-class homebuyers who are burdened with both rent and EMIs. This initiative seeks to resolve funding issues for incomplete housing projects and revive the real estate sector.
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2. Welfare and social security benefits for gig workers via e-Shram portal
To improve the social security of gig and platform workers, the government will issue identity cards and facilitate the registration of 1 crore gig workers on the e-Shram portal. This was announced in Budget 2025. These workers, including those from platforms such as Zomato and Blinkit, will also gain access to healthcare benefits under the PM Jan Arogya Yojana (PM-JAY). This step recognizes the growing gig economy and provides much-needed social security for informal workers.
