Upgraded rural housing scheme has got cabinet approval

Q: The Union Cabinet has approved an upgraded rural housing scheme that can provide a huge boost to the struggling rural economy.

Aneek Das,

29th March 2016

Real estate News in Delhi

indira awaas yojana

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the union cabinet

upgraded rural housing scheme

the pradhan mantri gramin awaas yojna

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Replies (2)

Hi all,
It sounds really good. And i heard that this impact will occur in two phases, one during construction and one during occupancy. And for that the government has allowed the rural development ministry to meet additional financial requirement of Rs. 21975 crore by borrowing through National Bank of Agriculture and Rural Development.

Supratim,

29th March 2016

Comment

Yes, and this amount will be paid through budgetary allocation after 2022. It is also mentioned that the funds will be transferred electronically directly to the account of the beneficiary.

Kalki K,

29th March 2016

Now a question is coming in everybody's mind that how will they meet the additional requirement??? So, to meet up the additional requirement of building materials, manufacturing of bricks using cement stabilized earth or fly ash will be taken up under the Mahatma Gandhi National Rural Employment Guarantee Scheme. The beneficiary will also be allowed to get 90 days of unskilled labour under MGNREGS.

Supratim,

29th March 2016

As per the report, the Pradhan Mantri Gramin Awaas Yojana scheme will be implemented in rural areas throughout India except Delhi and Chandigarh. And the cost of houses will be shared between the Centre and states in 60:40 ratio in the plains and 90:10 in hilly areas. And it is said that a National Technical Support Agency will provide support in achieving the rural housing targets.

Kalki K,

29th March 2016

Yes, and because of this approval, the Pradhan Mantri Gramin Awaas Yojna which is earlier known as the Indira Awaas Yojna will start from 1st April this year and run till March 2018-19. This scheme that need to build one crore pucca house over the next 3 yrs at a cost of Rs. 82000 crore.

Rituraj,

29th March 2016

Comment

I hear that the government has also decided to improved the unit size of these houses from the existing 20 sq-mt to up to 25 sq-mt including a dedicated area for hygienic cooking.

This scheme will provide financial help for construction of pucca house to all homeless and also to households living in shabby houses.

Kalki K,

29th March 2016