All You Need to Know About Pradhan Mantri Awas Yojana-Gramin
As far as human survival is concerned, there are three aspects that are indispensable – Food, Clothing, and Housing. While food and clothing do not cost much and can be easily arranged for, both by the financially strong and the destitute, the high price of housing is often a cause of concern for many. Not only does a house offer protection from the changing weather conditions, but also provides a sense of belongingness as well as that of social status to a person. It is for this reason that the current Prime Minister of India, Shri Narendra Modi initiated the Pradhan Mantri Awas Yojana-Gramin and Urban, for the people who do not have access to permanent homes, living in rural as well as urban regions of the nation. This scheme aims at providing housing for all, by the year 2022.
Here’s all that you need to know about this remarkable housing scheme!
Pradhan Mantri Awas Yojana Gramin (PMAY-G) aims at offering financial assistance, in order to encourage the construction of new pucca houses, for those without homes, or those currently living in dilapidated houses.
The PMAY-G has been designed to get implemented throughout the rural regions of India, except for those in Delhi and Chandigarh.
- The cost of construction of the pucca houses is slated to be divided between the Central and the State Government, in the ratio of 60:40.
In the North Eastern States, and other hilly regions, the ratio of cost bearing is 90:10 for the centre and the state. As of now, Himachal Pradesh, Jammu &Kashmir and Uttarakhand, are also considered as hilly regions, along with the North Eastern States.
For plain areas, the financial assistance provided is of Rs. 1.2 Lakhs per unit, while that for hilly or difficult areas is Rs. 1.3 Lakhs per unit.
The money would be electronically transferred to the beneficiary’s bank account or post office account, to enable enhanced transparency.
Although optional, the beneficiary could also avail a loan of up to Rs. 70,000 to be used for the construction of the house.
The size of each unit is 5 sq.mtr 270 sq.ft. The unit necessarily includes a designated area for cooking in a hygienic manner.
The beneficiary is entitled to avail as much as 90 days of unskilled labour, under the popular MGNREGA scheme.
The houses must be facilitated with a toilet, an LPG connection, electricity connection, as well as drinking water, without fail.
The residence would be allotted either in the name of the woman of the house, or in the joint names of the woman and her husband.
The construction of the house must only be undertaken by the beneficiary, and the deployment of contractors for this purpose is not permitted.
The PMAY-G scheme has been essentially introduced to help and empower the weaker sections of the society, including:
- Economically Weaker Section (EWS)
- Scheduled Castes (SCs)
- Scheduled Tribes (STs)
Some of the broader objectives of the Pradhan Mantri Awas Yojana Gramin are:
- Redevelopment of slums through a private partnership, primarily depending on land as a resource.
- Offering affordable residences to the weaker sections of the society, via Credit Linked Subsidy.
- Affordable housing in partnership with the private and public sector.
- Construction of pucca houses, under the aegis of the beneficiary.
We hope that you are now fully aware of the nuances pertaining the crucial Pradhan Mantri Gramin Awas Yojana. This scheme has come as a great respite for those people from the rural regions of India who cannot access Home Loans, or who are not eligible to procure one. And why not? After all, every citizen of the nation deserves a quality life.
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