PRADHAN MANTRI AWAS YOJANA SCHEME (Syllabus: GS Paper 2 – Govt Policies)

Context: Recently, the Indian Prime Minister initiated the construction of three crore additional rural and urban houses through the Pradhan Mantri Awas Yojana, marking the new Cabinet's first decision.

Pradhan Mantri Awas Yojana Scheme 

• About: The PMAY is a centrally sponsored scheme.
• Funding: Both the Union and the State governments are supposed to financially contribute to it.
• Objectives:

oRehabilitation of slum dwellers with private developers’ participation.

oPromotion of affordable housing for the weaker sections through Credit Linked Subsidy Schemes (CLSS).

oAffordable housing in partnership with public and private sectors.

oSubsidy for Beneficiary-led Construction (BLC).

• Extension Granted: The government approved an extension of PMAY-Urban (PMAY-U) up to December 31, 2024, to complete houses sanctioned till March 31, 2022.

Pradhan Mantri Awas Yojana - Gramin

• Launched: In 2016 to address the housing gaps existing in the rural areas.
• Ministry Involved: Ministry of Rural development.
• Aim: To provide a pucca house with basic amenities to all rural families who are homeless or living in kutcha or dilapidated houses by 2022.
• Beneficiaries: SCs/STs, former bonded laborers, non-SC/ST populations, widows or the next-of-kin of defense personnel who died in action, ex-servicemen and retired paramilitary members, disabled individuals, and minorities.

Pradhan Mantri Awas Yojana Urban (PMAY-U)

• Launched: 2015
• Ministry involved: Ministry of Housing and Urban Affairs
• Objective: The mission's overarching goal is to provide "pucca" (durable and permanent) houses to all eligible urban households by 2022.
• Beneficiaries: The Mission addresses urban housing shortage among the EWS/LIG and MIG categories including the slum dwellers.