PM Awas Yojana to build over 29.5 mn rural homes by March
Real Estate

PM Awas Yojana to build over 29.5 mn rural homes by March

The government led by Narendra Modi would have completed the construction of over 37 million rural houses by March. This surpasses the approximately 32 million houses constructed over 29 years under the former Indira Awas Yojana, highlighting the government's emphasis on rural development.

According to the official, under the PM Awas Yojana (Gramin), the Modi government aims to finish the construction of 29.5 million houses by March, ensuring that every rural family has their own home. Additionally, the NDA government had built 7.6 million houses under the Indira Awas Yojana between 2014 and 2016, as mentioned by the source who preferred to remain anonymous.

The PMAY (Gramin) was launched in November 2016, replacing the earlier Indira Awas Yojana. The scheme involves the Centre covering 60% of the construction cost in most states, with state governments contributing the remainder. However, in north-eastern and hilly states, the Centre's contribution increases to 90%, and in Union territories, it reaches 100%.

Regarding women's economic participation, the rural development ministry plans to enhance the involvement of women through self-help groups (SHGs), according to the same source. The goal is to increase the number of women earning over Rs 0.1 million per year from the current 10 million to 30 million in the coming years. The ministry intends to implement measures that support women in achieving sustainable livelihoods.

The source also mentioned that the number of government-backed SHGs has surpassed nine million, compared to just 2.13 million in 2013-14. Additionally, the number of village organisations has risen from 88,105 in 2013-14 to 502,660.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

The government led by Narendra Modi would have completed the construction of over 37 million rural houses by March. This surpasses the approximately 32 million houses constructed over 29 years under the former Indira Awas Yojana, highlighting the government's emphasis on rural development. According to the official, under the PM Awas Yojana (Gramin), the Modi government aims to finish the construction of 29.5 million houses by March, ensuring that every rural family has their own home. Additionally, the NDA government had built 7.6 million houses under the Indira Awas Yojana between 2014 and 2016, as mentioned by the source who preferred to remain anonymous. The PMAY (Gramin) was launched in November 2016, replacing the earlier Indira Awas Yojana. The scheme involves the Centre covering 60% of the construction cost in most states, with state governments contributing the remainder. However, in north-eastern and hilly states, the Centre's contribution increases to 90%, and in Union territories, it reaches 100%. Regarding women's economic participation, the rural development ministry plans to enhance the involvement of women through self-help groups (SHGs), according to the same source. The goal is to increase the number of women earning over Rs 0.1 million per year from the current 10 million to 30 million in the coming years. The ministry intends to implement measures that support women in achieving sustainable livelihoods. The source also mentioned that the number of government-backed SHGs has surpassed nine million, compared to just 2.13 million in 2013-14. Additionally, the number of village organisations has risen from 88,105 in 2013-14 to 502,660.

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

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