Tag: PMAY-G

Under PMAY-G, Centre aims to achieve objective of housing for all by 2022

Under PMAY-G, Centre aims to achieve objective of housing for all by 2022

The Central Governmenthas aimed to achieve objective of Housing for all by 2022 (which coincides with 75 years of Indian independence) under Pradhan Mantri Awas Yojana-Grameen (PMAY-G) Key Points: For the past 5 years, more than one crore 50 lakh rural houses have been sanctioned & completed by the government. Under the 2ndphase of the scheme, the eligible people will get one crore 95 lakh houses. Government has set a target of 60 lakh houses for the current financial year-FY 20. About Pradhan Mantri Awas Yojana (PMAY)– Housing For all scheme: It is an initiative by the Government of India in which affordable housing will be provided to the urban poor with a target of building 20 million affordable houses by 31 March 2022. It has 2 components: Pradhan Mantri Awas Yojana (Urban) (PMAY-U) for the urban poor. It is run by Ministry of Housing and Urban Poverty Alleviation. And Pradhan Mantri Awas Yojana (Gramin) (PMAY-G or PMAY-R) for the rural poor. It is run by Ministry of Rural Development.