Insurance Division, DFS secures 3rd Rank in Group A Category of Grievance Redressal (See 'Corp Brief') SARFAESI - Any tenancy created after issuance of notice u/s 13(2) without prior written consent of secured creditor, is void ab initio: HC https://tiolcorplaws.com/caselaw/details/ODAzNg== IndiaAI Mission organised AIKosh Univ Engagement Programme at Chitkara Univ (See 'Corp Brief') IBC - RBI prudential norms stopping banks from recognising interest income on NPA accounts do not wipe out borrower's obligation to accrue & recognise interest expense in its own financial statements: NCLAT (See 'Legal Desk') Comprehensive measures taken to boost digital infrastructure & cyber security: Jitin Prasada (See 'Corp Brief') IPC showcases India's Regulatory Excellence at WHO Meeting in Nepal (See 'Corp Brief') IPR - Registration of defendant's trademark does not bar passing off action where plaintiff establishes prior goodwill, misrepresentation and likely damage: HC (See 'Legal Desk') GI & Beyond 2.0 Summit showcases India's GI-tagged Handloom and Handicraft Products (See 'Corp Brief') CCI approves combination of many entities into InterGlobe Hotels (See 'Corp Brief') A&C - In international commercial arbitration seated in India, ground of ‘patent illegality' u/s 34(2A) is expressly excluded: HC (See 'Legal Desk') House Panel deliberates on strengthening Human-Wildlife Conflict Mitigation through Technology (See 'Corp Brief') Misc - A minor admitted to benefits of partnership firm is not personally liable for debts or liabilities incurred by firm during age of minority - ergo, bank communication declaring minor as wilful defaulter is invalid: HC (See 'Legal Desk') PM-PRANAM Promotes Balanced Use of Fertilizer, Organic Farming (See 'Corp Brief') On International Clouded Leopard Day, India strengthens Conservation through Dedicated Action Plan (See 'Corp Brief') Companies Act - Solely because a private bank carries on banking operations as scheduled bank or is bound to follow regulatory guidelines issued by the RBI, it does not acquires character of a statutory body: HC (See 'Legal Desk') C-DAC and GSI sign umbrella MoU to strengthen Geoscience & Mineral Exploration (See 'Corp Brief') IPR - Test for 'efficacy' u/s 3(d) of Patents Act is not limited to 'therapeutic efficacy' for all substances: HC (See 'Legal Desk') Dipka OC: Powering India's Growth through Scale & Efficiency (See 'Corp Brief') IPR - U/s 9(1)(a) of Trade Marks Act, correct legal test is whether applied mark possesses 'distinctive character', means if it is capable of distinguishing applicant's goods from those of others - YES: HC (See 'Legal Desk') Union Minister inaugurates Centre of Excellence for Handloom Technology at IIT Delhi (See 'Corp Brief') IBC - Private bank's commercial decision on debt assignment or settlement, even if regulated by RBI norms, remains private banking transaction and does not satisfy function test for writ maintainability: HC (See 'Legal Desk') Mandaviya felicitates Commonwealth Games 2026 Weightlifting medallists with cash rewards (See 'Corp Brief') Sonepur Bazari OCP: Setting New Benchmarks in Coal Production (See 'Corp Brief') IPR - In absence of evidence showing acquired distinctiveness or secondary meaning, descriptive mark could not validly remain on Register: HC (See 'Legal Desk') KCC-MISS has positively impacted Cropping Intensity and Multi-Season Cultivation (See 'Corp Brief') Disciplinary case pendency reduced from over 4,000 to 700: MoS (See 'Corp Brief') Limitation - Single Judge rightly declined to exercise writ jurisdiction in a matter which essentially involves contractual obligations & involves disputed issues of fact: HC (See 'Legal Desk') Handloom Hackathon 2.0 concludes at IIT Delhi (See 'Corp Brief') MoS reviews status of Ujh Multipurpose Project in Jammu & Kashmir (See 'Corp Brief') Exhibition open to visitors from 6 to 19 August (See 'Corp Brief') Tete-a-tete around AI in banking sector often begins with algorithms (See CORP EINSICHT) IBC - Insolvency cannot be used as substitute for debt recovery or to settle complicated shareholder battles: NCLT (See 'Legal Desk') Ministry of Textiles to celebrate 12 th National Handloom Day on 7 August (See 'Corp Brief') Railways approves Extension of Daily Ludhiana-Jakhal Passenger Train up to Jind (See 'Corp Brief') Catch the Rain in Odisha: From Awareness to Groundwater Recharge (See 'Corp Brief') IBC - Unregistered lease deed cannot be relied upon to establish substantive leasehold rights or duration of tenancy: NCLT (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