Pradhan Mantri Awas Yojana Background: In Satara, Maharashtra, the 'Pradhan Mantri Gramin Awas Yojana' beneficiaries' conference and the 'Maha Awas Abhiyan' state-level awards ceremony were held. Till now, three crore houses have been built across the country under this scheme. About Pradhan Mantri Awas Yojana This scheme was introduced in two phases Pradhan Mantri Awas Yojana Urban – in 2015 Pradhan Mantri Awas Yojana Rural – in 2016 Objectives The objective s of this scheme is to set up affordable permanent houses for poor families living in urban and rural areas. Pradhan Mantri Awas Yojana – Rural Administrative Ministry This scheme operates under the supervision of the Ministry of Rural Development. Salient Features Selection of Beneficiaries: Priority is given to landless families in this scheme; further, at least 60% of national-level targets are allocated for Scheduled Caste (SC) and Scheduled Tribe (ST) families. Fund Sharing Method In plain areas, 60:40 ratio between the Central and State Governments For Northeastern and Himalayan states, 90:10 ratio For Union Territories, 100% Central Government financial assistance Financial Assistance Provided For beneficiaries in plain areas, Rs. 1.20 lakh For beneficiaries in hilly or difficult geographical terrain areas, Rs. 1.30 lakh Pradhan Mantri Awas Yojana – Urban Administrative Ministry This urban housing scheme is managed by the Ministry of Housing and Urban Affairs. Objectives Providing affordable housing solutions to poor people living in urban areas, especially those living in slums, is the main objective of this scheme. This scheme primarily operates as a 'Centrally Sponsored Scheme'. Areas Covered by the Scheme All statutory towns listed in the 2011 Census, as well as towns notified later by the State Governments, come under the scope of this scheme. Fund Sharing Method For Northeastern and Himalayan states, 90:10 fund sharing ratio For Union Territories, 100% Central Government financial assistance…
Rs 6.16 lakh crore approved so far under PMAY(U)
Union Minister of Housing & Urban Affairs independent charge (I/C), Civil Aviation (I/C) and Minister of state of Commerce & Industry, Hardeep Singh Puri stated thatRs 6.16 lakh crore (trillion) has been approved so far under Pradhan Mantri Awas Yojana (Urban)– PMAY(U). No data concerning the property-less people is maintained by the ministry. The contribution of the housing sectoris significant to the country’s Gross Domestic Product (GDP) which has a direct impact on employment generation. Gist about PMAY(U): It was launched by the Ministry of Housing and Urban Poverty Alleviation (MoHUPA)on 25th June 2015 to build affordable pucca houses for all with access to water, sanitation & electricity by 2022 when the nation completes 75 years of independence. The beneficiaries include low-income groups (LIGs), Middle Income Groups (MIGs) & EWS.
