In his first decision after taking charge for the third time, Prime Minister Narendra Modi On Monday signed a file transferring the 17th instalment of the PM-Kisan Samman Nidhi (PM-KISAN) fund, amounting to nearly 20,000 crore, to around 9.3 crore farmers. Later in the day, in its first meeting, the Union cabinet under his leadership also approved government assistance for the construction of three crore houses under the Pradhan Mantri Awas Yojana (PMAY).
PMAY has been in implementation since 2015-16 to assist eligible rural and urban households in constructing houses with basic amenities. Out of the 30 million new houses approved, sources said approximately 20 million will be built under the rural component of the scheme, while the remaining will be constructed under the urban part.
Under the rural component-known as PMAY-Grameen - new allottees will receive enhanced assistance of close to ₹200,000 for each house in plains and over 220,000 in hilly regions. This enhanced allocation is over 67 per cent more than the current assistance for rural houses. The increased assistance was approved in the interim Budget for FY25.
Bu hikaye Business Standard dergisinin June 11, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin June 11, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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