MoS launches Ayush Anudan Portal under Ayush Grid Initiative (See 'Corp Brief') IPR - Sec 17 of Trade Marks Act does not prevent protection of prominent part of composite mark where that part is distinctive: HC (See 'Legal Desk') Coal Production commences from Urtan and Dhirauli Mines in MP (See 'Corp Brief') Govt's TEAM Initiative empowering Small Businesses through Digital Commerce Enablement (See 'Corp Brief') PMLA - Provisional attachment not invalidated due to lack of competency of officer; amended provisions do not apply to transactions prior to 2016 amendment if property continues to be held: SAFEMA (See 'Legal Desk') MoRD charts roadmap for Women-Led Rural Marketing Ecosystems (See 'Corp Brief') Pharmacopoeia Commission organizes 5-Day Capacity Building Training (See 'Corp Brief') Saurabh Vijay assumes charge as CEO of Unique Identification Authority of India (See 'Corp Brief') Companies Act - Appellant company directed to change its name where it significantly resembles the name of a pre-existing company and may cause confusion: HC (See 'Legal Desk') Minister reviews technology-led underground mining, integrated smelting operations (See 'Corp Brief') Scientific Steering Committee Meeting on National One Health Mission Held in New Delhi (See 'Corp Brief') Govt launches campaign to reduce edible oil consumption (See 'Corp Brief') PMLA - Provisional attachment unsustainable when Initiating Officer fails to establish source of consideration & beneficial ownership as per Section 2(9)(A): SAFEMA (See 'Legal Desk') HM inaugurates 'Million Minds Tech Park' and 'GREMI City Campus' in Ahmedabad (See 'Corp Brief') Amit Shah inaugurates State-of-the-Art Milk Processing Plant of Madhur Dairy (See 'Corp Brief') Experts Discuss Yoga for Youth and Mental Wellness in Digital Era (See 'Corp Brief') Misc - RBI circular dated June 07, 2019 on 'Prudential Framework for Resolution of Stressed Assets' was policy decision taken by expert body in larger public interest: HC (See 'Legal Desk') GeM continues to support Digital Public Procurement System (See 'Corp Brief') Ministry of Education reviews strategy for mainstreaming Out-of-School children (See 'Corp Brief') Misc - NBFC cannot reposses financed vehicle through coercive means, without adherence to due process of law and in violation of RBI recovery guidelines: HC (See 'Legal Desk') Govt extends timeline for Global Tender for REPM scheme (See 'Corp Brief') Indian Pharmacopoeia Commission organizes Scientific Conclave (See 'Corp Brief') A&C - Later attempt by insurer to artificially split same claim into separate components of admitted and denied liability does not render unpaid component non-arbitrable: HC (See 'Legal Desk') Scindia reviews Key Development Projects during Sikkim Visit (See 'Corp Brief') Union Minister of State for Coal & Mines reviews CMPDIL (See 'Corp Brief') IBC - If transaction was builder-linked contractual arrangement rather than pure financial debt default, Section 7 IBC proceedings cannot be used in parallel with DRT recovery proceedings: SC (See 'Legal Desk') Commerce Minister chairs meet on promoting fisheries exports (See 'Corp Brief') Govt reviews progress of micro Food Processing Enterprises in Leh (See 'Corp Brief') FERA - Foreign judgment is unenforceable in India as it fell within exceptions u/s 13 CPC: SC (See 'Legal Desk') Railways carries 170% more Cement in last 4 Months (See 'Corp Brief') A&C - Once seat of arbitration is expressly designated by agreement of parties, that seat becomes juridical home of arbitration and operates akin to exclusive jurisdiction clause: SC (See 'Legal Desk') Self-reliance and jointness must for strategic autonomy & future-ready force: RM (See 'Corp Brief') Company Law - For purpose of maintainability of petitions u/s 397 & 398, expression ‘member' is not to be confined only to formal entry in register of members u/s 41(2): SC (See 'Legal Desk') NCB launches 6-Month Online Certification Program on Advanced Concrete Technology (See 'Corp Brief') IBC - While subsidiary companies are separate legal entities, corporate veil may be lifted if associated companies are inextricably connected so as to form one concern: SC (See 'Legal Desk') Supreme Court lays down scenarios for lifting of Doctrine of Corporate Veil (See 'CORP EINSICHTf')

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
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.