 "Cabinet approves construction of 20 million new houses in rural areas")
The Union Cabinet on Friday approved the construction of 20 million new houses in rural areas during FY25-28 under the Pradhan Mantri Awas Yojana — Grameen at the existing per unit assistance levels of Rs 120,000 in the plains and Rs 130,000 in the hills.
Earlier, there was a proposal to raise the unit assistance to Rs 200,000 in the plains and Rs 220,000 for the hills. This was due to the rising cost of construction but the proposal seems to have not gone through.
These houses will be constructed over and above the almost 30 million new houses already constructed in 10 years of the Modi government.
A total financial outlay of Rs 3.06 trillion for FY25 to FY29, including central share of Rs 2.05 trillion and states’ share of Rs 1 trillion was approved for rural housing.
“Unit cost of assistance to beneficiaries will continue at the existing rates of Rs 1.2 lakh in plain areas and Rs 1.3 lakh in Northeastern region/ hill states,” the official statement said.