Pradhan Mantri Awaas Yojana (Gramin) Will Transform Rural Housing
Real Estate

Pradhan Mantri Awaas Yojana (Gramin) Will Transform Rural Housing

The Pradhan Mantri Awaas Yojana – Gramin (PMAY-G), launched in April 2016, is spearheading affordable, dignified housing for rural India. The initiative aims to construct 295 million houses with essential amenities, with an additional 200 millionhomes sanctioned for 2024-29.

Progress So Far: 379 million homes allocated, 356 million sanctioned, and 272 million completed (as of March 2025). 60% of homes reserved for SC/ST communities, with 5% allocated to Persons with Disabilities.

Transparency & Monitoring: Geo-tagging & real-time updates track every construction phase. Multi-level inspections by government officials and Self-Help Groups (SHGs) ensure quality control. Direct Benefit Transfers (DBT) prevent leakages, ensuring secure fund disbursal.

Impact on Rural Communities: Faster completion: Construction time reduced from 314 days to 114 days (2017-18). Job creation: Boost in demand for construction materials and skilled labour. Better living standards: Increased spending on food, LPG usage, and sanitation. Health benefits: Reduced open defecation due to in-house toilets.

The Pradhan Mantri Awaas Yojana – Gramin (PMAY-G), launched in April 2016, is spearheading affordable, dignified housing for rural India. The initiative aims to construct 295 million houses with essential amenities, with an additional 200 millionhomes sanctioned for 2024-29. Progress So Far: 379 million homes allocated, 356 million sanctioned, and 272 million completed (as of March 2025). 60% of homes reserved for SC/ST communities, with 5% allocated to Persons with Disabilities. Transparency & Monitoring: Geo-tagging & real-time updates track every construction phase. Multi-level inspections by government officials and Self-Help Groups (SHGs) ensure quality control. Direct Benefit Transfers (DBT) prevent leakages, ensuring secure fund disbursal. Impact on Rural Communities: Faster completion: Construction time reduced from 314 days to 114 days (2017-18). Job creation: Boost in demand for construction materials and skilled labour. Better living standards: Increased spending on food, LPG usage, and sanitation. Health benefits: Reduced open defecation due to in-house toilets.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement