Govt Allocates 3.8 Million Houses under New PMAY-G
01 Jan 2025 Editorial Team
Rural Development Minister Shivraj Singh Chouhan announced that 3.8 million houses under the Pradhan Mantri Awas Yojana-Gramin (PMAY-G) had been allocated to 18 states this fiscal year, part of the 20 million homes targeted for construction over the next five years. An initial Rs 106 billion has been released for house construction, with Rs 1 trillion spent so far from the allocated Rs 1.84 trillion. In August, the cabinet approved Rs 3.06 trillion to build 30 million homes nationwide over five years, including 20 million under PMAY-G. The government has built 26.8 million of the 29.5 million homes planned this fiscal year.