Cabinet approves implementation of the Pradhan Mantri Awaas Yojana – Gramin (PMAY-G) during FY 2024-25 to 2028-29
Cabinet approves implementation of the Pradhan Mantri Awaas Yojana – Gramin (PMAY-G) during FY 2024-25 to 2028-29
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved the proposal of the Department of Rural Development for “Implementation of the Pradhan Mantri Awaas Yojana – Gramin (PMAY-G) during FY 2024-25 to 2028-29” wherein financial assistance is to be provided for the construction of two crore more houses at existing unit assistance of Rs.1.20 lakh in plain areas and Rs.1.30 lakh in North Eastern Region States and Hill States of Himachal Pradesh, Uttarakhand, Union Territories of Jammu & Kashmir and Ladakh.
Details:
The details of the approval given by the Cabinet are as follows:
Benefits:
Background:
To achieve the objective of “Housing for All” in rural areas, the Government of India had launched the Pradhan Mantri Awas Yojana -Gramin (PMAY-G) with effect from April 2016 with a target of construction of 2.95 crore houses with basic amenities to be achieved in phases till March 2024.
- Continuation of the Pradhan Mantri Awaas Yojana–Gramin (PMAY-G) for saturating the Awaas+ (2018) list (after updation) and balance eligible households in Socio Economic Caste Census (SECC) 2011 Permanent Wait List (PWL) by providing assistance within overall ceiling of 2 crore pucca houses with basic amenities from April, 2024 to March, 2029.
- Total outlay of Rs.3,06,137 crore for FY 2024-25 to 2028-29 including Central Share of Rs.2,05,856 crore and State Matching Share of Rs.1,00,281 crore.
- Continuation of the scheme beyond March, 2026 after evaluation of the PMAY-G by the NITI Aayog and re-appraisal of the scheme by EFC.
- Updating Awaas+ list for identifying eligible rural households using modified exclusion criteria.
- Unit cost of assistance to beneficiaries to continue at existing rates of Rs.1.20 lakh in plain areas and Rs.1.30 lakh in North Eastern Region/ Hill States.
- Administrative funds at 2% of the programme funds with bifurcation of the administrative funds as 1.70% to be released to the States/UTs and 0.30% to be retained at Central Level.
- Completion of the incomplete houses of previous phase of the PMAY-G as on 31.03.2024 during the FY 2024-25 as per the existing rates.