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Continuation of Pradhan Mantri Awaas Yojana – Gramin approved

Continuation of Pradhan Mantri Awaas Yojana – Gramin approved

Union Cabinet has approved the implementation of Phase-2 of the Pradhan Mantri Awaas Yojana - Gramin beyond March, 2019.

Aim:

Under this, government has set a target to construct one crore 95 lakh houses by 2022. 

Gramin (PMAY-G) in Phase-ll till 2019-20 as per the existing norms of PMAY-G Phase-l, with a target of 60 lakh houses involving financial implication of Rs.76,500 crore.

76500 Cr = 48195 Cr (Centre) + 28305 Cr (States).

Continuation of Program Management Unit (PMU) and National Technical Support Agency (NTSA) till 2019-20.

Reduction in administrative expenses from 4% to 2% of programme funds in Phase II.

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