Govt Allocates 3.8 Million Houses under New PMAY-G
Real Estate

Govt Allocates 3.8 Million Houses under New PMAY-G

Rural development minister Shivraj Singh Chouhan stated on Wednesday that his ministry had allocated about 3.8 million houses under the Pradhan Mantri Awas Yojana-Gramin (PMAY-G) to 18 states in the current fiscal year, out of the 20 million new dwelling units that were proposed to be constructed over the next five years. He also mentioned that the ministry had released an initial amount of Rs 106 billion to start the construction of houses.

Chouhan further stated that his ministry had spent a total of Rs 1 trillion so far this fiscal year, out of the budgeted Rs 1.84 trillion, to meet commitments under various schemes. He was briefing reporters in the capital about his ministry’s achievements.

In August, the cabinet had approved Rs 3.06 trillion to build 30 million houses across the country over the next five years, with 20 million of those being constructed under the PMAY-G scheme. This was in addition to the 29.5 million rural houses that the government aimed to complete under the scheme this fiscal year, since its inception in 2016. Against these earlier commitments, 26.8 million houses had been built so far.

Chouhan mentioned that a new survey would be conducted to identify more beneficiaries, as the PMAY-G eligibility criteria had been relaxed. He affirmed the government's commitment to providing a house for every poor person, with the help of the states, ensuring that no eligible beneficiary would be left out.

The minister also highlighted that the number of Lakhpati Didi—female self-help group members earning at least Rs 1 lakh annually—had increased to 11.5 million from 10 million a few months ago. The July budget had aimed to triple this number to 30 million. The Lakhpati Didi scheme, implemented through self-help groups, aims to boost women’s earnings through various official interventions.

Chouhan reported that, under the fourth phase of the Pradhan Mantri Gram Sadak Yojana (PMGSY), sanctions had been granted for the construction of 6,614 km of rural roads so far this fiscal year, with 3,380 km to be built in West Bengal alone. In September, the government had approved a Rs 701.25 billion package for PMGSY-IV, with the goal of building 62,500 km of rural roads by 2029 and connecting 25,000 rural habitations.

The minister concluded by stating that, under the previous phase of the scheme in the Modi 3.0 regime, the construction of 9,013 km of rural roads had been sanctioned, with 7,058 km already completed.

Rural development minister Shivraj Singh Chouhan stated on Wednesday that his ministry had allocated about 3.8 million houses under the Pradhan Mantri Awas Yojana-Gramin (PMAY-G) to 18 states in the current fiscal year, out of the 20 million new dwelling units that were proposed to be constructed over the next five years. He also mentioned that the ministry had released an initial amount of Rs 106 billion to start the construction of houses. Chouhan further stated that his ministry had spent a total of Rs 1 trillion so far this fiscal year, out of the budgeted Rs 1.84 trillion, to meet commitments under various schemes. He was briefing reporters in the capital about his ministry’s achievements. In August, the cabinet had approved Rs 3.06 trillion to build 30 million houses across the country over the next five years, with 20 million of those being constructed under the PMAY-G scheme. This was in addition to the 29.5 million rural houses that the government aimed to complete under the scheme this fiscal year, since its inception in 2016. Against these earlier commitments, 26.8 million houses had been built so far. Chouhan mentioned that a new survey would be conducted to identify more beneficiaries, as the PMAY-G eligibility criteria had been relaxed. He affirmed the government's commitment to providing a house for every poor person, with the help of the states, ensuring that no eligible beneficiary would be left out. The minister also highlighted that the number of Lakhpati Didi—female self-help group members earning at least Rs 1 lakh annually—had increased to 11.5 million from 10 million a few months ago. The July budget had aimed to triple this number to 30 million. The Lakhpati Didi scheme, implemented through self-help groups, aims to boost women’s earnings through various official interventions. Chouhan reported that, under the fourth phase of the Pradhan Mantri Gram Sadak Yojana (PMGSY), sanctions had been granted for the construction of 6,614 km of rural roads so far this fiscal year, with 3,380 km to be built in West Bengal alone. In September, the government had approved a Rs 701.25 billion package for PMGSY-IV, with the goal of building 62,500 km of rural roads by 2029 and connecting 25,000 rural habitations. The minister concluded by stating that, under the previous phase of the scheme in the Modi 3.0 regime, the construction of 9,013 km of rural roads had been sanctioned, with 7,058 km already completed.

Next Story
Infrastructure Urban

We operate 100 smart buses serving 30,000 passengers daily

Aurangabad, known as the ‘City of Gates’ owing to its historical monuments and Mughal heritage, is equally renowned for its industrial development, with a nominal gross district domestic product (GDDP) of Rs.988.04 billion. As growth has progressed, there has been a focus on enhancing the standard of living, prompting key initiatives, including the award-winning Majhi Smart  Bus Initiative. G Sreekanth (IAS), CEO, Aurangabad Smart City Development Corporation Ltd (ASCDCL), discusses the city’s ongoing and upcoming developments in conversation  with NEHA YADAV.Recent news h..

Next Story
Infrastructure Energy

Sterling and Wilson Secures Rs 12 Bn Solar EPC Contract in Gujarat

Sterling and Wilson Renewable Energy has been awarded a Rs 1,200 crore contract for a 500-megawatt (MW) solar photovoltaic (PV) project in Gujarat, strengthening its foothold in India’s renewable energy sector. The engineering, procurement, and construction (EPC) contract encompasses the design, engineering, and installation of balance-of-system (BoS) components with single-point responsibility. It also includes operations and maintenance (O&M) services for three years. “We are delighted to secure this significant order, which will aid India, especially Gujarat, in its transition to clean ..

Next Story
Infrastructure Energy

NTPC Green Energy Signs MoU with Bihar Government

NTPC Green Energy (NGEL), a subsidiary of NTPC, has entered into a Memorandum of Understanding (MoU) with the Department of Industries, Government of Bihar, during the Bihar Business Connect 2024 Global Investors’ Summit held on 20 December 2024 in Patna. The MoU outlines plans for substantial investments in Bihar to establish various renewable energy projects, including: Ground-mounted and floating solar installations Battery energy storage systems Green hydrogen mobility initiatives The Bihar Government will assist by facilitating necessary approvals, permissions, registrations, and cleara..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000