Prime Minister Shri Narendra Modi formally launched Housing for All in rural areas under which the Government proposes to provide an environmentally safe and secure pucca house to every rural household by 2022. Named the Pradhan Mantri Awaas Yojana (Gramin), in its first phase the target is to complete one crore houses by March 2019. The unit cost for these houses has been significantly increased and now through convergence a minimum support of nearly Rs. 1.5 lakh to Rs. 1.6 lakh to a household is available. There is also a provision of Bank loan upto Rs. 70,000/-, if the beneficiary so desires. The selection of beneficiaries has been through a completely transparent process using the Socio Economic Census 2011 data and validating it through the Gram Sabha.Nov 21, 2016
PM Launches "Housing for All" in Rural Areas- PMAY
Prime Minister Shri Narendra Modi formally launched Housing for All in rural areas under which the Government proposes to provide an environmentally safe and secure pucca house to every rural household by 2022. Named the Pradhan Mantri Awaas Yojana (Gramin), in its first phase the target is to complete one crore houses by March 2019. The unit cost for these houses has been significantly increased and now through convergence a minimum support of nearly Rs. 1.5 lakh to Rs. 1.6 lakh to a household is available. There is also a provision of Bank loan upto Rs. 70,000/-, if the beneficiary so desires. The selection of beneficiaries has been through a completely transparent process using the Socio Economic Census 2011 data and validating it through the Gram Sabha.
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