Rural Housing Scheme PMAY – Gramin Extended Till 2024

The union cabinet cleared continuation of the rural housing scheme—Prime Minister’s Awas Yojana-gramin—till 2024 to help facilitate the intended target of building 29.5 million houses under the scheme. Union Information and Broadcasting Minister Anurag Thakur said financial assistance would be provided for the construction of the 155.75 lakh houses remaining as on March, 31, 2021.  “The continuation of scheme till March, 2024 ensures the remaining 155.75 lakh households within overall target of 2.95 crore houses under PMAY-G will be provided assistance for construction of pucca houses with basic amenities to achieve the objective of ‘Housing for All’ in rural areas,” the Cabinet said. Till November 29, 2021 a total 1.65 crore PMAY-G houses have been constructed of the total target of 2.95 crore, it said. “It is estimated that 2.02 crore houses, which is almost equal to SECC 2011 database based Permanent Wait List, will be completed by the deadline of August 15, 2022. Therefore, to achieve the target of 2.95 crore houses, the scheme needs to be continued till March, 2024,” it added. The Cabinet also approved the funding and implementation of Ken-Betwa river linking project which is estimated to cost Rs 44,605 crore. The Cabinet approved central support of Rs 39,317 crore for the project, covering grant of Rs 36,290 crore and loan of Rs 3,027 crore.