The Centre is looking to allocate an additional Rs 28,000 crore for the flagship rural housing programme, Pradhan Mantri Awas Yojana–Gramin (PMAY-G), this fiscal year to ensure completion of the targeted dwellings before the next general election in 2024.
The injection of the additional fund is also important because of increased demand from states for more money for the scheme.
This fund infusion would be over and above Rs 20,000 crore that had been allocated for PMAY-G in the Budget of 2022-23.
Of the required Rs 28,000 crore extra, around Rs 13,000 crore was approved a few weeks ago; a