New Delhi: The Union Cabinet on Wednesday authorised the continuation of the Pradhan Mantri Awaas Yojana (Rural) for another three years, Union minister Anurag Thakur said.
The extension has been granted beyond March 2021 and until March 2024, he said at a press conference on Cabinet decisions. According to Thakur, the initiative will ensure that everyone in rural areas has a place to live. According to a government official, the scheme's expansion will aid in the construction of the remaining 155.75 lakh dwellings. It will aid in the achievement of the 2.95 crore 'pucca' housing target. The overall financial impact of the remaining work is Rs 1,98,581 crore, a government spokesperson said.
It was predicted that 2.95 crore dwellings would be built across the country when the scheme was introduced in 2016. According to the Minister of Information and Broadcasting Anurag Singh Thakur, who briefed the media on Cabinet decisions, 1.65 crore dwellings will be built by November 2021.
"By extending the scheme until March 2024, the remaining 155.75 lakh households within the overall target of 2.95 crore houses under PMAY-G will be able to receive assistance for the construction of pucca houses with basic amenities, thereby achieving the goal of 'Housing for All' in rural areas," the government said in a statement.
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