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PM Awas Yojana: More than 29.5 m rural houses will be built by March

By Economic Times - 7 months ago
The Narendra Modi-led government is set to surpass the construction of 37 million rural houses by March, compared to about 32 million under the previous Indira Awas Yojana over 29 years, showcasing a significant rural development initiative. Under the PM Awas Yojana (Gramin), the government aims to complete 29.5 million houses by March, ensuring every rural family has a home. Launched in November 2016, this scheme sees the Centre covering 60% of construction costs, with higher contributions for certain regions.

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