Cabinet approves construction of 20 million more houses under PM Awaas Yojana.

The Cabinet recently approved the “Implementation of the Pradhan Mantri Awaas Yojana-Gramin during FY 2024-25 to 2028-29.” This involves the construction of two crore more houses at an 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.

The scheme is set to continue from April 2024 to March 2029 with a total outlay of Rs 3,06,137 crore, comprising a central share of Rs 2,05,856 crore and a state’s share of Rs 1,00,281 crore. In addition, the approval includes completing houses that were incomplete from the previous phase of the PMAY-G during the FY 2024-25 at existing rates.

The proposed two crore houses are expected to benefit nearly 10 crore individuals. The approval aims to provide safe and secure houses of good quality with basic amenities to all houseless and people living in dilapidated and kutcha houses.

This is intended to ensure safety, hygiene, and social inclusiveness of the beneficiaries and contribute to the objective of “Housing for All” in rural areas. The Pradhan Mantri Awas Yojana -Gramin was initially launched in April 2016 with a target of constructing 2.95 crore houses with basic amenities by March 2024.

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