The Union Cabinet approved the extension of the flagship housing-for-all scheme named “Pradhan Mantri Awas Yojana - Gramin (PMAY-G)” till March 2024.
Financial assistance will be provided to construct 155.75 lakh houses remaining as of March 31, 2021.
Extension of the scheme till March 2024 ensures that the remaining households within the target of 2.95 crore houses under PMAY-G will be aided construct pucca houses with basic amenities.
This helps to achieve the objective of ‘Housing for All’ in rural areas.