Technology Park being developed to facilitate Deep-tech Start-ups: MoS (See 'Corp Brief') PMLA - ED cannot arrest accused without prior approval from Special Court once cognizance is taken, even if ECIR is filed earlier & accused cooperates throughout investigation: HC (See 'Legal Desk') Estee Lauder joins hands with DPIIT to promote women-led startups in beauty products sector (See 'Corp Brief') SARFAESI - Auction purchaser can't be fastened with outstanding liability of dues and taxes, which had accrued and were connected with and were solely attributable to business of erstwhile dealer: HC (See 'Legal Desk') Khadi artisans to receive wage hike from April 01, 2025 (See 'Corp Brief') A&C - Unless there exists error, apparent which goes to root of matter, interference by court with arbitral award is not warranted: HC (See 'Legal Desk') Govt hosts workshop on increasing R&D in pharma-medical tech sector (See 'Corp Brief') Misc - Degree of integrity & probity is expected of Chartered Accountant because of trust posed in him by his clients, and his professional misconduct erodes credibility to Institution of Chartered Accountants: HC (See 'Legal Desk') CCI okays proposed combination via acquisition of Ayana Renewable Power Pvt. Ltd. by ONGC NTPC Green Pvt. Ltd. (See 'Corp Brief') Companies Act - Findings of apex expert body like RBI warrant for issuance of protective ad-interim orders: HC (See 'Legal Desk') CCI okays acquisition of certain shareholding in Greenko Energy Holdings of ORIX Corporation (See 'Corp Brief') IPR - Manufacturer of counterfeit products, for its blatant act of counterfeiting, shall be restrained from selling products under registered brand's trademarks and its logos, and shall pay for damages: HC (See 'Legal Desk') Companies Act 2013 adequately bolsters corporate governance & ensures transparency: MoS (See 'Corp Brief') IBC - AR trying to evade to take up request of financial creditors for replacement of RP and failing to represent interest of financial creditors, violates Sec 25A: IBBI (See 'Legal Desk') Rs 25 Lakh loans, decision in 14 days - Govt moves to enhance credit access for MSMEs (See 'Corp Brief') SEBI - Passing of Settlement Order shall be without prejudice to rights of SEBI, including restoring or initiating of proceedings, if there was discrepancy while arriving at settlement terms: SEBI (See 'Legal Desk') MSME Sector sees continued growth as NPAs fall (See 'Corp Brief') SEBI - By not taking prior approval of audit committee for RPTs, Noticee has violated Regulation 23(2) of LODR Regulations: SEBI (See 'Legal Desk') Natural Products Expo West 2025 - APEDA showcases Indian prowess in organic farming (See 'Corp Brief') IPR - Sporadic use of trademark in India is no ground to assume that said trademark has acquired reputation and goodwill of mark in India: HC (See 'Legal Desk') PMLA - Mere attachment of property does not alter position with regard to ownership or even possession/use of properties which are subject matter of such attachment: SAFEMA (See 'Legal Desk') NHLML, IWAI ink MoU for state-of-art Multi-Modal Logistics Park in Varanasi (See 'Corp Brief') IBC - Prima facie contraventions of regulations, including failure to maximize stakeholder value and non-compliance with auction procedures, justifies initial suspension of registration for two years: IBBI (See 'Legal Desk') Govt announces reward for developing toys fostering learning & child development (See 'Corp Brief') Misc - Case under Negotiable Instrument Act, can't be transferred from one place to another for lack of jurisdiction u/s 406 of CrPC: SC (See 'Legal Desk') Space Technology revolutionizes governance, agriculture & Defence: MoS (See 'Corp Brief') PC Act - Anticipatory bail should only be granted in exceptional cases where there is prima facie indication of false implication or frivolous allegations: SC (See 'Legal Desk') Department of Fisheries hosts Fisheries Startup Conclave 2.0 in Hyderabad (See 'Corp Brief') PMLA - High Court can't direct ED to register ECIR only based on its prima facie finding on predicate offence: SC (See 'Legal Desk') Mandaviya joins in unique Cycle Rally to mark International Women's Day (See 'Corp Brief') Trade Marks Act 1999 - new Trade Mark identical to existing RAPIDO trade mark, warrants cancellation, as it seeks to dishonestly exploit goodwill & reputation of existing Trade Mark holder: HC (See 'Legal Desk') IBC - Section 95 application filed by Respondent No.1 Bank is valid: NCLAT (See 'Legal Desk')

Print

8.21 lakh houses to be constructed under PMAY-G: Chauhan

Published: Jan 15, 2025

By TIOLCorplaws News Service

NEW DELHI, JAN 15, 2025: THE Ministry of Rural Development is committed to achieving the goal of "Housing for All" through the Pradhan Mantri Awaas Yojana - Gramin (PMAY-G), implemented since 1st April 2016. The scheme aims to construct 4.95 crore houses by March 2029.

Key Highlights:

The key statistics on overall progress of the scheme and progress made in the State of Madhya Pradesh are as under:

1. Approval of additional targets under PMAY-G:

- The Union Cabinet has approved 2 crore additional houses under the new phase of PMAY-G, to be implemented from FY 2024-25 to FY 2028-29, with a financial outlay of Rs.3,06,137 crore.

2. Achievements under PMAY-G:

- 3.33 crore houses targeted, of which 3.23 crore houses have been sanctioned, and 2.69 crore houses have been completed.

- A total of Rs.2.37 lakh crore has been disbursed to beneficiaries since the scheme's launch.

3. Progress in Madhya Pradesh:

- Target: 41,68,046 houses.

- Sanctioned: 41,51,931 houses.

- Completed: 36,80,620 houses (88%).

4. Allocation for Remaining Beneficiaries:

- Based on the Awaas+ 2018 list, 16.42 lakh households in Madhya Pradesh are in waiting list.

- 8.21 lakh houses to be allocate on 15th January 2025 with a target to complete these houses in a time bound manner.

5. Financial Support to Madhya Pradesh:

- For FY 2024-25, Rs.3,726 crore central assistance has been released, including Rs.2,165 crore on 7th January 2025, ensuring swift disbursal of the first installment to beneficiaries.

- Upon timely utilization, an additional Rs.4,934 crore may be released within the fiscal year.

6. Technological Advancements:

- Launch of Awaas+ 2024 mobile application by Hon'ble PM on 17th September 2024, utilizing AI-based facial recognition for accurate beneficiary identification.

- Over 2.5 lakh surveyors trained and oriented for efficient implementation across the country.

7. Convergence of Schemes:

- PMAY-G beneficiaries benefit from integration with other government schemes such as MGNREGA, SBM-G, SHGs, Jal Jeevan Mission, and PM-Surya Ghar Yojana.

- Madhya Pradesh achievements include:

- 36.37 lakh toilets constructed.

- 35 lakh houses electrified.

8. Women Empowerment:

- 74% of PMAY-G houses are under women's sole or joint ownership, promoting gender equality and empowerment.

9. Future Goals:

- The Ministry reaffirms its commitment to leaving no eligible family without a pucca house and requests the Madhya Pradesh government to expedite fund utilization for seamless implementation.

Financial Summary for Madhya Pradesh under PMAY-G (FY 2024-25):

1. Current Allocation: 11,89,690 houses with an estimated cost of Rs.18,036 crore.

- Central share: Rs.11,754 crore.

- State share: Rs.6,282 crore.

2. Remaining Target: 8,21,190 houses to be allocated in FY 2025-26.

- Estimated cost: Rs.12,636 crore.

Total Cost for FY 2024-25 & 2025-26:

- Rs.30,672 crore, with a central share of Rs.20,054 crore and a state share of Rs.10,618 crore.

Total Central Assistance Released to Madhya Pradesh (2016-2025):

- Rs.32,537.85 crore disbursed, reflecting the government's robust commitment to rural development and housing security.

PMAY-G is not just a housing scheme but a cornerstone of the government's efforts to uplift rural India. It fosters dignity, empowerment, and a brighter future for millions, reaffirming the government's dedication to holistic rural development.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
taxindiaonline
A Taxongo Website. Copyright © 2016-2022 tiolcorplaws.com All rights reserved.