Key Points
New Delhi: The finance ministry could approve the release of funds under the government's flagship rural housing scheme for six more months through March 2025 to enable the completion of about 3.14 million unfinished houses, a senior official told ET...
The government had set a target of building 29.5 million houses under the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) by March 2024 to realise its 'housing for all' goal..
The finance ministry subsequently allowed the release of funds to beneficiaries for six more months through September 2024 to ensure the completion of houses against liabilities committed under the scheme as of March 31..
About 26.36 million houses have been built so far since November 2016 when the scheme was rolled out by revamping the erstwhile Indira Awas Yojana, show the rural development ministry data...
About 1.16 million of the 4.57 million houses in West Bengal already sanctioned under the scheme remain to be completed, as the Centre's payment has been withheld for now due to alleged irregularities in the implementation of the scheme by the state government...
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