HomeLatestParliamentary Panel Recommends Boosting Assistance for PMAY-Gramin to Meet Housing Targets

Parliamentary Panel Recommends Boosting Assistance for PMAY-Gramin to Meet Housing Targets

The Parliamentary Standing Committee on Rural Development and Panchayati Raj has recommended a much-needed increase in the financial assistance provided under the Pradhan Mantri Awas Yojana – Gramin (PMAY-G). The scheme, which aims to build two crore homes by March 2029, has faced challenges due to stagnant per-unit assistance, which has remained at Rs 1.2 lakh for plain areas and Rs 1.3 lakh for hilly areas for an extended period.

Led by Congress MP Saptagiri Sankar Ulaka, the committee pointed out that the current financial support is insufficient due to rising inflation, which impacts raw material costs, labor, and transportation expenses. This shortfall has led to incomplete houses in some cases, hampering the progress of the housing scheme. The committee emphasized that for the “Housing for All” vision to succeed, beneficiaries must receive appropriate financial support at the right time, and it urged an urgent review and hike of the per-unit assistance to help beneficiaries complete their homes. The committee also highlighted a significant issue faced by landless beneficiaries. More than two lakh such individuals are still waiting for land or assistance from state governments to construct their homes. This delay further threatens the timely completion of the housing target.

The report also noted that while the initial target was to construct 2.95 crore houses by March 2024, 2.66 crore homes had been completed by October 2022, leaving 29 lakh homes still unfinished. To address this, the government has set an ambitious target of constructing an additional two crore homes over the next five years (2024-2029). With the scheme extended until 2029, the committee has recommended a revision of the financial assistance to meet the new goals and ensure timely project completion. It also called on the Department of Rural Development to take proactive steps in expediting construction and addressing the issue of land availability for landless beneficiaries. Additionally, the committee raised concerns about the low pension amounts under the National Social Assistance Programme (NSAP), which provides support to elderly, widows, and disabled persons from BPL households. The report noted that the pensions of Rs 200 to Rs 500 per month were inadequate given the rising cost of living. This call for increased assistance and policy reform aims to ensure that rural housing targets are met and that beneficiaries can complete their homes with the financial support they need.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

Diamond Power Infrastructure Secures Orders Worth Rs 230 Crore

Diamond Power Infrastructure Secures Orders Worth Rs 230 Crore

0
Diamond Power Infrastructure Ltd (DPIL) has announced the receipt of two substantial orders, collectively valued at over Rs 230 crore, for the supply of...
Gurugram SPR emerges as new real estate hotspot

Gurugram SPR emerges as new real estate hotspot

0
Gurugram’s Southern Peripheral Road (SPR) is today at the heart of a remarkable transformation, evolving into one of Delhi-NCR’s fastest-growing real estate hubs. According to...
PMAY Kerala Gets Approval for 1.97 Lakh Homes

PMAY Kerala Gets Approval for 1.97 Lakh Homes

0
The Union Government has sanctioned the construction of 1.97 lakh houses under the Pradhan Mantri Awas Yojana (PMAY) for the ongoing financial year. Among the...
Adani Realty Unveils Rs 10000 Crore Township Project in Panvel

Adani Realty Unveils Rs 10000 Crore Township Project in Panvel

0
Adani Realty is set to develop a sprawling township project worth nearly Rs 10,000 crore in Panvel. Spanning over 1,000 acres, this new venture is...
Shapoorji Pallonji Real Estate Reshapes Leadership with Dual CEO Structure

Shapoorji Pallonji Real Estate Reshapes Leadership with Dual CEO Structure

0
Shapoorji Pallonji Real Estate Pvt. Ltd (SPRE) has restructured its leadership by introducing a dual-CEO model. The strategic overhaul reflects a growing trend among India’s...