Pradhan Mantri Awas Yojana’s current status

In 2015, the authorities of India launched a scheme as the Pradhan Mantri Awas Yojana or PMAY.

S   By Admin | Jun 10, 2022 07:58 PM

<p>The PMAY scheme&rsquo;s goal is to provide cheap housing for all through 2022. We at AR Homes, are aligned with the primary government&#39;s &ldquo;housing for all&rdquo; project and provide blessings as outlined inside the Pradhan Mantri Awas Yojana (PMAY).</p> <p>The ministry of housing and urban poverty alleviation (MOHUPA) has introduced in June 2015, an interest subsidy scheme called credit-linked subsidy scheme (CLSS) below Pradhan Mantri Awas Yojana (city)- housing for all, for buy/ construction/ extension/ development of residence to cater EWS/ LIG/MIG segments to meet the housing needs in India.</p> <p>The PM Awas Yojana&rsquo;s goal is to eliminate India&rsquo;s housing shortage by way of focusing on the city, as well as rural regions. It has two additives &ndash; PMAY urban and PMAY rural &ndash; which might be officially called the Pradhan Mantri Awas Yojana-shahri and the Pradhan Mantri Awas Yojana-Gramin.<br /> Despite the fact that successive governments at the centre have been launching schemes meant to clear up india&rsquo;s housing problem for the reason that Nineties (for instance, the Indira Awas Yojana of 1990 and the Rajiv Awas Yojana of 2009), the top minister Narendra Modi-led government announced a decentralized program in 2015, below which the government promised to offer to house to every citizen in India. We understand this ambitious scheme as the Pradhan Mantri Awas Yojana or PMAY.</p> <p>To deal with the housing shortage in rural regions, where a large part of India&rsquo;s population nevertheless lives, in spite of the remarkable urbanization in this agriculture-centric economic system, the union authorities restructured the Indira Awas Yojana (IAY) into the Pradhan Mantri Awas Yojana-Gramin (PMAY-G), with impact from April 1, 2016, after certain gaps had been identified at some point of the concurrent evaluations and the overall performance audit via the comptroller and auditor widespread of India (CAG) in 2014.</p> <p>The PMAG-g (or PMAY rural) program&rsquo;s goal is to replace the kaccha homes (dwellings manufactured from dust, the usage of straw-like substances for thatching, which isn&rsquo;t appropriate to stay in, in extreme weather conditions) in India&rsquo;s villages, with pakka homes (dwellings product of enduring materials like brick, cement and iron, and so forth., which provide protection against all climate and which have a long life span).</p>