Govt advances deadline, housing for all in rural India by Dec 2023

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The federal government has superior the deadline for assembly the goal underneath its ‘housing for all’ initiative for rural India by three months by means of December 2023, in response to a booklet launched by the agricultural growth ministry on Friday. If materialised, it is going to be a essential achievement of the NDA authorities forward of the 2024 normal election.

It constructed 24.5 million homes for beneficiaries underneath the PM Awas Yojana (Gramin) till September 30, of the focused 29.5 million to make sure each household in rural India has a home of their very own, the ministry stated. The remaining sanctioned homes, already at varied levels of building, will likely be accomplished by December.

ET had reported, on March 24, the federal government’s plan to advance the deadline by three months. The PMAY (Gramin) was launched in November 2016 by revamping the Indira Awas Yojana.

Addressing reporters, rural growth minister Giriraj Singh stated the central authorities has constructed a document 32.1 million rural homes underneath each the PMAY (Gramin) and the Indira Awas Yojana since 2014. It has launched Rs 2.48 lakh crore for this objective, he added.

Beneath the PMAY-Gramin, the Centre bears 60% of the development value in most states, whereas state governments pitch in with the remainder. Nevertheless, the Centre’s contribution goes as much as 90% for north-eastern and hilly states and to 100% for Union territories.

The Centre had sharply raised its outlay for the PMAY-G in its revised estimate for FY23 to Rs 48,422 crore from the finances estimate of Rs 20,000 crore in a bid to offer a recent leg-up to the tempo of home building. For FY24, the Centre has allotted a document Rs 54,487 crore, up 12.5% from the RE of FY23.

‘No fund constraint for MGNREGS’

Highlighting his ministry’s achievements of the NDA regime, Singh stated greater than Rs 6.63 lakh crore has to this point been launched underneath the Mahatma Gandhi Nationwide Rural Employment Assure Scheme (MGNREGS) since 2014. As many as 26.44 billion particular person days have been generated over the last 9 years, he added.There isn’t any fund constraint to satisfy the rise in demand for work underneath the MGNREGS, Singh stated, including that his ministry has approached the finance ministry for extra funds within the present fiscal 12 months over and above the budgeted Rs 60,000 crore.

Beneath the Pradhan Mantri Gram Sadak Yojana, roads over 7,44,000 km have been accomplished and greater than 1,62,000 rural habitations have been linked by means of “all-weather roads”, the minister stated.

Singh stated underneath the Deendayal Antyodaya Yojna (Nationwide Rural Livelihoods Mission), as many as 73.3 million girls have been mobilised into self-help teams (SHGs). Loans amounting to greater than Rs 7.22 lakh crore have been disbursed by banks to those SHGs. The unhealthy loans on this section stood at 1.88% of gross advances, he stated, means beneath the three.9% of non-performing property within the banking system as of March 2023.

The ministry is now aiming to achieve 100 million girls by means of SHGs by December this 12 months, making not less than 20 million of them lakhpati, the minister stated. Equally, underneath its water storage initiative for rural areas, greater than 67,000 ‘Amrit Sarvoar’ (water our bodies) have been developed to this point.

The Mission Amrit Sarovar goals to develop and rejuvenate not less than 75 water our bodies in every district of the nation.

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