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The federal government had set a goal of constructing 29.5 million homes below the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) by March 2024 to understand its “housing for all” purpose.
Approval was granted to assemble almost all these. About 26 million homes have already been constructed since November 2016 when the scheme was rolled out revamping the erstwhile Indira Awas Yojana.
ET BureauIn a communication to the agricultural improvement ministry this month, the finance ministry has made it clear the funds must be utilised just for assembly dedicated liabilities below the PMAY-G as of March 31, stated the official.
“They (the agricultural improvement ministry) have been informed that there ought to be no contemporary sanctions below the scheme past March 31 or past the focused 29.5 million homes for now,” the official stated.
The agricultural improvement ministry had final month sought the finance ministry’s approval for releasing funds past March 2024 towards dedicated PMAY-G liabilities, the official added.
‘Not bypassing EC norms’
Though the most recent transfer comes within the build-up to the overall election, it would not violate the Election Fee’s mannequin code of conduct, because the fund launch is to merely honour previous commitments, stated one other official.
Underneath the scheme, the Centre bears 60% of the development price in most states, which fits as much as 90% in North East and 100% for UTs, whereas states pitch in with the remaining.
Delay in development
About 1.1 million of the focused 4.57 million homes in West Bengal are but to be accomplished, because the Centre’s fee has been withheld for now as a result of alleged irregularities within the implementation of the scheme by the state authorities.
Equally, in Andhra Pradesh, solely 29% of the homes have been accomplished, because of allegations of non-adherence of guidelines. Nevertheless, the tempo of development within the state has now gathered steam.
