25th March, 2016
Pradhan Mantri Awaas Yojana
Financial assistance is provided for construction of pucca house to all houseless and households living in dilapidated houses.
The expenditure involved in implementing the project in a span of 3 years from 2016-17 to 2018-19 is Rs.81975 crore.
Setting up of National Technical Support Agency at national level to provide technical support in achieving the target set under the project
The cost of unit assistance to be shared between Central and State Governments in the ratio 60:40 in plain areas and 90:10 for North Eastern and hilly states.
The beneficiary would be facilitated to avail loan of up to Rs.70,000/- for construction of the house which is optional.
The unit size is to be enhanced from the existing 20 sq.m to up to 25 sq.m including a dedicated area for hygienic cooking.
Economic Impact:
Construction sector generates the second largest employment opportunities in India. The sector has strong backward and forward linkages to over 250 ancillary industries.
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