The Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) has been a cornerstone of the Indian government’s efforts to address housing issues in rural areas, providing financial assistance to eligible families for the construction of homes. The scheme offers a helping hand to individuals and families living in rural regions, particularly in the plains and hilly areas, ensuring that they have access to a safe and secure place to live.
Under the scheme, financial support is provided to beneficiaries for building houses. The assistance is set at ₹1.20 lakh for families in plain areas and ₹1.30 lakh for those in North Eastern and hilly states, including the Union Territories of Jammu & Kashmir and Ladakh.
The funding pattern varies based on the geographical location of the states:
Since the scheme’s inception on April 1, 2016, the Ministry has released a total of ₹2,49,569.76 crore to the States/UTs.
In addition to the primary housing assistance, PMAY-G also integrates with other government schemes to ensure holistic support for rural households:
In an ambitious move to further strengthen rural housing, the Union Cabinet has approved the proposal for the implementation of PMAY-G for the period of FY 2024-25 to 2028-29. This expansion will focus on the construction of an additional 2 crore rural houses, with an estimated financial outlay of ₹3.06 lakh crore.
PMAY-G is more than just a housing initiative—it’s a catalyst for rural empowerment, providing financial stability and dignity to families in rural India. With the continuation and expansion of the scheme, the government aims to provide safe, sustainable, and well-connected housing for underserved rural communities, contributing to India’s vision of housing for all.
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Published on: Mar 24, 2025, 9:30 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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