Pradhan Mantri Awas Yojana

Rural development ministry aims to sanction 1 mn houses under PMAY-G in Jan

The Rural Development Ministry on Wednesday said that in January, it will focus on sanctioning 10 lakh houses under the Pradhan Mantri Awas Yojana-Gramin (PMJAY-G) as part of targets set for 2024-25. An official statement said the ministry will set monthly goals to ensure the implementation of rural development schemes on time and to help realise Prime Minister Narendra Modi's dream of creating a poverty-free India. The decisions were taken at a meeting of the ministry to decide the action plan for the month. "Poverty-free villages is Prime Minister Narendra Modi's pledge. Today, on the first day of new year, we have set some targets," Rural Development Minister Shivraj Singh Chouhan said in a post on X. "The schemes of the Rural Development Ministry are bringing a change in the lives of people. The effort is to ensure that all the beneficiaries get the benefits of these schemes in an effective and transparent manner as soon as possible," he said. The statement said poverty-free .

PM releases 1st installment of Rs 2,044 cr to 511K PMAY-G beneficiaries

Prime Minister Narendra Modi on Tuesday virtually released the first instalment of Rs 2,044 crore to 5.11 lakh beneficiaries in Chhattisgarh for the construction of houses under the Pradhan Mantri Awas Yojana - Gramin (PMAY-G). The PM attended the programme titled 'Mor Awas - Mor Adhikar' (My house, my right) held at Indoor Stadium in Budha Talab area in Raipur meant to disburse the amount under the housing scheme via video link from Bhubaneswar. Chhattisgarh Chief Minister Vishnu Deo Sai, assembly speaker Raman Singh, Deputy CM Vijay Sharma, other state ministers, MLAs and officials were present at the event here. The PM transferred the first instalment of Rs 2,044 crore directly into the bank accounts of 5.11 lakh beneficiaries under the PMAY-G in the state to build their own houses, an official said. On the occasion, PM Modi asserted that bringing prosperity to the lives of the poor and weaker sections of society was his government's goal, a statement issued by the government ..

PM launches Odisha govt's Subhadra Yojana, projects worth over Rs 3,800 cr

Prime Minister Narendra Modi on Tuesday launched the Odisha government's flagship women-centric programme Subhadra Yojana, and unveiled railway and national highway projects worth over Rs 3,800 crore here, marking 100 days of the third NDA regime at the Centre. Modi also released the first instalment of assistance to nearly 10 lakh beneficiaries under PMAY-G across 14 states. He also took part in 'Griha Pravesh' celebrations for 26 lakh beneficiaries under the housing scheme from across the country. He also launched Awaas+ 2024 App for a survey of additional households for PMAY-G. While participating in the Griha Pravesh celebrations, Modi visited Sabar Sahi slum in Bhubaneswar where he interacted with the beneficiaries. The PM inaugurated the homes of 20 beneficiaries under the PMAY there. Accompanied by Odisha Chief Minister Mohan Charan Majhi, the PM visited the home of Antaryami Nayak, a beneficiary of the housing scheme, and savoured the traditional Odia sweet dish, 'kheeri'

PMAY and MNREGA projects bring relief to J-K residents, say locals

People have received 'Pucca' houses under PMAY and frequent employment under MNREGA, bringing relief from issues like migration and frequent repairs required in 'Kaccha' houses

Minorities comprise 15% of PMAY beneficiaries in urban areas: Govt

According to the minister, 173,350 houses have been sanctioned to Christians, followed by Sikh - 49,670 houses, Buddhist - 19,707, Jainism - 10,457, and Zoroastrianism - 1,127

From homes to heartbreak: UP women turn PMAY aid into romantic getaways

11 women from UP's Maharajganj allegedly took the initial Rs 40,000 instalment from the government under the Pradhan Mantri Awas Yojana scheme and then ran away with their lovers

Cement sector sees muted growth of 2-3% in Q1FY25 due to LS polls: ICRA

The cement sector has witnessed a muted growth of 2-3 per cent in the first quarter of current fiscal on account of a slowdown in construction activity because of the Lok Sabha polls, according to a report from rating agency Icra. However, the overall volumes for the FY2024-25 are likely to expand by 7-8 per cent driven by a healthy demand from the infrastructure and housing sectors. "Nevertheless, the government's focus on infrastructure projects, sanction of additional houses under the Pradhan Mantri Awas Yojana (PMAY), and the industrial capex is expected to meaningfully improve cement volume offtake in H2 FY2025," it said. The report also projects further consolidation in the cement industry by the top players to increase their capacity. The sector has witnessed consolidation by leading players such as Aditya Birla group firm UltraTech Cement and Adani group firm Ambuja Cements. Besides, the sector is also expected to continue its organic growth in the medium term as makers ..

Union Budget 2024: No likely cut in fuel prices, PMAY allotment may rise

The Union Budget 2024 is expected to be announced in the third week of July. Finance Minister Nirmala Sitharaman to hold pre-budget meeting on June 20

Day 1 of third term: Modi clears KISAN fund, 30 million houses for poor

Several BJP-ruled states follow populist path after election results

Chhattisgarh Assembly passes Budget; state aims for developed tag by 2047

A provision of Rs 8,369 crore has been made in the budget 2024-25 for the construction of 18 lakh houses under the Pradhan Mantri Awas Yojana

A grand conspiracy or a massive scam?

The Union government has withheld MNREGS and PMAY funds -two centrally sponsored schemes - because of procedural lapses, alleged corruption

At Rs 200K, Centre to provide 67% more to build rural homes in plains

Budget documents also showed that for houses that will be being built in hilly and north-eastern states, the per unit allocation has now been enhanced to Rs 220,000 as against the earlier Rs 130,000

Budget 2024: Govt may hike housing subsidy ahead of Lok Sabha polls

Interim Budget 2024: The govt estimates reveal a significant housing shortage of over 20 mn homes in rural areas. While the same for urban areas stands at 1.5 mn homes, according to industry experts

130,000 CM Awas Yojana houses to be built in rural areas: Ashok Singhal

The state cabinet has decided to conduct a comprehensive socio-economic assessment of Assam's indigenous minorities

Odisha being neglected, not given enough funds by Centre: Naveen Patnaik

Odisha is facing constant neglect in transfer of state share and central funds, said Chief Minister Naveen Patnaik

65,000 people benefited from Pradhan Mantri Awas Yojana in J&K's Rajouri

Millions of people in the border districts of Rajouri and Poonch of Jammu and Kashmir still live below the poverty line

Rural housing plan likely to get Rs 28,000-crore booster infusion

The injection of the additional fund is also important because of increased demand from states for more money for the scheme

Walton Street invests Rs 165 cr in Sowparnika Homes' Bengaluru projects

Sowparnika caters to the middle-income/affordable segment with an average ticket size of Rs 50 lakh in a project close to key employment centres and IT Hubs

Navigating the affordable housing finance market

The demand for affordable housing finance is very high, but housing finance companies have not disbursed loans up to their potential, owing to a lack of awareness among customers about such firms

Pradhan Mantri Awas Yojana-Urban gets nod for continuation up to Dec 2024

Union Cabinet approved the proposal of the Ministry of Housing and Urban Affairs (MoHUA) for the continuation of Pradhan Mantri Awas Yojana-Urban up to December 31, 2024