+
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
Technology

DEV IT Wins Rs 40.4 Mn tech deal with Alivus Lifesciences

Dev Information Technology, a global IT services company providing Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services, with products like Talligence and ByteSigner, has secured significant orders worth approximately Rs 40.4 million from Alivus Lifesciences. The wins reflect DEVIT’s growing presence in the enterprise technology space and its ability to deliver value-driven IT solutions.The engagement includes a significant order of Rs 30.60 million for Microsoft Select Plus perpetual licenses. While the licenses will be billed directly by the Licensing So..

Next Story
Infrastructure Energy

CRISIL Rates ACME Raisar Solar's Rs 8.80 Bn Loan 'AA-/Stable'

CRISIL Ratings has assigned 'CRISIL AA-/Stable’ rating to long-term bank facilities of ACME Raisar Solar Energy, wholly owned subsidiary of ACME Solar Holdings. This rating is assigned to 300 MW (AC) capacity located in Fategarh, Rajasthan for its Rs 8.90 billion term loan facility from REC.CRISIL cited robust revenue visibility, strong financial metrics & debt servicing capability, and a secure cash flow mechanism as key strengths underpinning AA-/Stable rating, one of the highest ratings accorded by the rating agencies. The rating reflects ARSEPL's strong operational profile supported by a..

Next Story
Technology

L&T Tech Selected by TRATON as Key Partner for Global R&D Shift

L&T Technology Services, today announced that it has been chosen by the TRATON GROUP, one of the world’s leading manufacturers of commercial vehicles, as a strategic engineering partner. This collaboration in LTTS’ Mobility segment will support TRATON’s roadmap to build a unified, future-ready product- development platform that delivers scale, speed, and sustainable mobility solutions worldwide.TRATON is reshaping its global R&D ecosystem to unlock cross-brand synergies while expanding the share of battery-electric vehicles in line with its 2029 profitability and sustainability t..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?