Context:
Government to provide assistance to construct 3 crore new Rural and Urban Houses under PMAY
Pradhan Mantri Awas Yojana:
- Credit-linked subsidy scheme initiated to provide affordable housing to low and moderate-income residents across the country.
- 2 components – PMAY-U for the urban poor and PMAY-G for the rural poor.
PMAY-U (Urban):
- Objective – To provide housing for all in urban areas.
- Ministry – Ministry of Housing and Urban Affairs
- Type – Both Centrally Sponsored and Central Sector Scheme
- Beneficiaries – Economically Weaker Section (EWS), Low-Income Group (LIG), and Middle-Income Group (MIG).
- Sub Schemes –
- Credit Linked Subsidy Scheme – Offers interest subsidy on home loans for EWS, LIG, and MIG categories.
- In-Situ Slum Redevelopment – Utilizes land as a resource to provide houses to eligible slum dwellers.
- Affordable Housing in Partnership – Promotes partnerships with public and private sectors to provide affordable housing.
- Beneficiary-Led Construction – Provides financial assistance to individuals to construct or enhance their own houses.
PMAY-G (Gramin):
- Objective – To provide a pucca house with basic amenities to all rural families who are homeless or living in kutcha or dilapidated houses.
- Ministry – Ministry of Rural Development.
- Type – Centrally Sponsored
- Beneficiaries – Identified using the Socio-Economic and Caste Census (SECC) 2011.
- Financial Assistance – Rs. 1.2 lakh in plain areas and Rs. 1.3 lakh in hilly, difficult, and Integrated Action Plan (IAP) areas.
- Encourages convergence with other schemes like Swachh Bharat Mission and MGNREGA
Source: The Indian Express
Previous Year Question
What is/are the advantage/ advantages of implementing the ‘National Agriculture Market’ scheme?
1. It is a pan-India electronic trading portal for agricultural commodities.
2. It provides the farmer’s access to the nationwide market, with prices commensurate with the quality of their produce.
Select the correct answer using the code given below:
[UPSC Civil Services Exam – 2017 Prelims]
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer: (c)
