The Pradhanmantri Awas Yojana (PMAY) was launched in June 2016 by the central government with the primary aim of ensuring housing for all by building 2 crore affordable houses across India by 2022. It primarily targets the poor, including those from lower-income groups and economically weaker sections. The scheme will be implemented in phases from 2015 to 2022, targeting 100 cities in phase 1, 200 cities in phase 2, and all remaining cities in phase 3. It provides subsidies of Rs. 1-2.3 lakh and interest subsidies of 6.5% for loans to construct houses for eligible beneficiaries, with preference given to women and disabled/elderly people.

1. Submitted by: Megha Sharma
M.arch (II sem.)

2. PRADHANMANTRI AWAS YOJANA
 LAUNCHED ON 25 JUNE 2016 BY CENTRAL GOVERNMENT.
 THE PRIMARY AIM WASTO ENSURE THAT 2 CRORE HOUSES ARE BUILT ACROSS NATION’S LENGTH AND BREADTH.
 THE ESTIMATED COMPLETE YEAR FOR THE SCHEME IS 2022.
 THE PRIMARY OBJECTIVE FOR THIS SCHEME IS TO PROVIDE AFFORDABLE HOUSES TO INDIAN CITIZEN, THE PRIMARY
TARGET GROUP IS POOR PEOPLE OF INDIA BELONGING TO LIG ( LOWER INCOME GROUP) EWS (ECONOMIC WEAKER
SECTION)

3. THIS SCHEME WILL BE COMPLETED IN 3 STAGES:-
PHASE 1 :
TARGET DATE OF START : APRIL, 2015
TARGET DATE OF ENDING : MARCH, 2017
NUMBER OF CITIES TARGETED : 100 CITIES
WHAT TO EXPECT: DEVELOPMENT AND COMPLETION OF AFFORDABLE HOUSES UNDER THE SCHEME.
PHASE 2 :
TARGET DATE OF START : APRIL, 2017
TARGET DATE OF ENDING : MARCH, 2019
NUMBER OF CITIES TARGETED : 200 CITIES
WHAT TO EXPECT: DEVELOPMENT AND COMPLETION OF AFFORDABLE HOUSES UNDER THE SCHEME.

4. PHASE 3:
TARGET DATE OF START : APRIL, 2019
TARGET DATE OF ENDING : MARCH, 2022
NUMBER OF CITIES TARGETED : ALL REMAINING CITIES
WHAT TO EXPECT: DEVELOPMENT AND COMPLETION OF AFFORDABLE HOUSES UNDER THE
SCHEME.
BENEFICIARIES:
INDIAN WOMEN OF ALL RELIGION AND CASTE, THERE WILL BE NO BIASED BASED ON THE INCOME.
LIG AND EWS
SCHEDULED TRIBES, SCHEDULED CASTE.

5. PRIMARY FEATURES OF THE SCHEME
A SUBSIDY RANGING FROM INR 1 LAC TO INR 2.30 LAC WILL BE GIVEN TO LIG AND EWS SEGMENTS
TO CONSTRUCT THE HOUSES.
GOVERNMENT WILL OFFER SUBSIDY FOR INTEREST RATE ON LOAN TAKEN FOR THE YOJANA, 6.5%
INTEREST RATE SUBSIDY WILL BE GIVEN FOR 15 YRS. UNDER THIS YOJANA.
FEMALE MEMBERS WILL GET PREFERENCE WHEN IT COMES TO ATTLOTMENT OF HOUSES UNDER
THIS SCHEME.
THE HOUSES WILL BE DEVELOPED UNDER THIS SCHEME WILL BE ECOFRIENDLY CONSTRUCTION.
FOR GROUND FLOOR HOUSES THE PREFERENCE WILL BE GIVEN DISABLED AND AGED PEOPLE.

6. SANSAD ADARSH GRAM YOJANA