Union Minister inaugurates WWF Global Conservation Conference at Jaipur (See 'Corp Brief') Ministry of MSME gears Up for Special Campaign 6.0 on Swachhata (See 'Corp Brief') SECI celebrates 15th Foundation Day with Stakeholders' Meet (See 'Corp Brief') A&C - Agent cannot claim cross-contractual lien over principal's property for dues arising under separate agreements in absence of express contractual provision permitting such retention: HC (See 'Legal Desk') Coal India advances Technology-led Diversification Across Energy & Minerals (See 'Corp Brief') Digital India RISC-V Grand Challenge under C2S Programme awarded to 3 teams (See 'Corp Brief') IBC - Arrangement of funds to enable corporate debtor to clear its liabilities, coupled with transfer of funds from cooperative bank loan account of applicant directly to bank, is not valid loan disbursement under IBC: NCLT (See 'Legal Desk') Vaishnaw highlights ISM 2.0, indigenous design, manufacturing, talent and India's emergence (See 'Corp Brief') SEBI - SEBI, acting as statutory market regulator, is duty-bound to issue a reasoned, speaking order when a decision carries serious civil consequences for acquirer, target company & investors: SAT (See 'Legal Desk') An unsuccessful 'success fee' litigation (See CORP EINSICHT) Centre commemorates World Patient Safety Day 2026 at NIHFW (See 'Corp Brief') BIMSTEC Energy Centre organises 5-Day Capacity Building Programme (See 'Corp Brief') Scindia inaugurates Renovated Guna Head Post Office in MP (See 'Corp Brief') SEBI - Where material on record discloses need for deeper scrutiny, re-appreciation, review or reconsideration of evidence, leave ought to be granted & the appeal should thereafter be decided on merits: HC (See 'Legal Desk') CCI nod for acquisition of equity of Great White Global by ISAF III Onshore Fund (See 'Corp Brief') From Ink and Ledger to Cloud and Cipher: The Bankers' Books Evidence Act, 2026 - A Critical Appraisal of India's Digital Evidentiary Revolution (See CORP EINSICHT) A&C Act - Question whether particular claim is covered by, or falls outside excepted matters clause of works contract is matter squarely within competence of Arbitral Tribunal u/s 16 of Arbitration and Conciliation Act: SC (See 'Legal Desk') CCI approves acquisition of addl share in Azure Power Global by OMERS Infra (See 'Corp Brief') Beneficiaries express confidence in government policies for e-mobility (See 'Corp Brief') Competition Act - Regulatory decisions taken in exercise of statutory powers not subject to review by CCI; authority concerned is not amenable to scrutiny u/s 4 of Competition Act: CCI (See 'Legal Desk') Semicon 2.0 mission to focus semiconductor design & fabrication; to create 1 lakh jobs (See 'Corp Brief') NLMC to host investor meets ahead of RINL land e-auction (See 'Corp Brief') SEBI - Penalty order under SEBI (PFUTP) Regulations unsustainable where foundational findings regarding volume of manually deleted orders & manipulative intent are perverse & contrary to the record: SAT (See 'Legal Desk') Govt reviews Use of Steel from Ship Recycling to Boost Steel Manufacturing (See 'Corp Brief') Inaugural PDUNASS–GNLU Executive Program on Labour Law concludes at Gandhinagar (See 'Corp Brief') Capital Market - Release of escrow amount maintained for buyback does not bar separate inquiry into alleged fraud under PFUTP Regulations: SC (See 'Legal Desk')

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