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Published on:
March 21, 2023
By
Harshini

Pradhan Mantri Gramin Awaas Yojana (PMGAY) Intro

Pradhan Mantri Gramin Awaas Yojana (PMGAY), also known as the Pradhan Mantri Awaas Yojana - Gramin (PMAY-G), is a housing scheme launched by the Government of India in 2016. The main objective of PMGAY is to provide affordable housing to rural residents, particularly to those who are economically weaker and belong to the lower income group. The scheme aims to ensure "Housing for All" by 2022, by providing financial assistance to build a pucca house with basic amenities.

Under PMGAY, eligible beneficiaries can receive financial assistance of up to 1.2 lakhs to construct a new house or upgrade their existing kutcha house. The scheme also provides support for the construction of toilets, LPG connections, and other necessary amenities. The beneficiary family is also eligible for a loan from a bank or other financial institutions to construct their houses.

PMGAY is implemented through the Ministry of Rural Development and is implemented by the state governments and the Union Territories. The scheme is designed to cover all rural areas, including those that are remote and difficult to reach. The eligibility criteria for PMGAY include the requirement for the beneficiaries to be living below the poverty line, belong to a scheduled caste or tribe, or be a widowed woman, a single woman, or a person with disabilities.

PMAYG Subsidy Scheme

PMAY-G (Pradhan Mantri Awaas Yojana - Gramin) Subsidy Scheme is a component of the Pradhan Mantri Gramin Awaas Yojana (PMGAY), which aims to provide affordable housing to rural residents in India. Under the PMAY-G Subsidy Scheme, eligible beneficiaries can receive financial assistance to build or upgrade their houses.

The subsidy provided under PMAY-G varies based on several factors, including the economic status of the beneficiary and the location of the house. For example, the subsidy amount is higher for beneficiaries who belong to the lower income group and are living in areas with difficult terrain.

To avail the subsidy under PMAY-G, the beneficiary has to apply to the concerned department in their state or Union Territory. The beneficiary must meet the eligibility criteria, which include being a resident of rural areas, living below the poverty line, belonging to a scheduled caste or tribe, being a widowed woman, a single woman, or a person with disabilities.

Once the application is approved, the beneficiary can avail a loan from a bank or financial institution to construct their house. The subsidy amount is directly credited to the beneficiary's account, and the loan amount is adjusted against the subsidy.

In summary, the PMAY-G Subsidy Scheme provides financial assistance to rural residents to construct or upgrade their houses, with the aim of providing "Housing for All" by 2022.

Features of PMAYG Scheme

The Pradhan Mantri Awaas Yojana - Gramin (PMAY-G) Scheme has several key features, including:

1. Financial Assistance: The PMAY-G Scheme provides financial assistance to eligible beneficiaries to construct or upgrade their houses. The subsidy amount varies based on factors such as the economic status of the beneficiary and the location of the house.

2. Housing for All: The scheme aims to provide "Housing for All" by 2022, by providing affordable housing options to rural residents, particularly to those who are economically weaker and belong to the lower income group.

3. Basic Amenities: The scheme provides support for the construction of houses with basic amenities, such as toilets, LPG connections, and other necessary facilities.

4. Loan Assistance: Beneficiaries are eligible for a loan from a bank or other financial institutions to construct their houses, and the subsidy amount is directly credited to the beneficiary's account, with the loan amount adjusted against the subsidy.

5. Implementation: PMAY-G is implemented through the Ministry of Rural Development and is executed by the state governments and the Union Territories.

6. Eligibility Criteria: The eligibility criteria for PMAY-G include the requirement for the beneficiaries to be living below the poverty line, belong to a scheduled caste or tribe, or be a widowed woman, a single woman, or a person with disabilities.

7. Coverage: The scheme is designed to cover all rural areas, including those that are remote and difficult to reach.

In summary, the PMAY-G Scheme aims to provide affordable housing options to rural residents, with financial assistance and loan options, to ensure "Housing for All" by 2022.

Documents Required to Apply for PMAYG

To apply for the Pradhan Mantri Awaas Yojana - Gramin (PMAY-G) Scheme, you will need to submit certain documents as proof of your eligibility and identity. The exact list of documents required may vary slightly based on your state or Union Territory, but generally the following documents are required:

1. Proof of Identity: You will need to submit a government-issued photo ID such as Aadhaar card, PAN card, driving license, etc.

2. Proof of Residence: You will need to submit proof of your permanent residence, such as a ration card, electricity bill, water bill, or similar documents.

3. Income Certificate: You will need to provide an income certificate issued by the concerned department to establish your economic status.

4. BPL Certificate: If you belong to the economically weaker section and fall below the poverty line, you will need to provide a BPL (Below Poverty Line) certificate issued by the concerned department.

5. Caste Certificate: If you belong to a scheduled caste or tribe, you will need to provide a caste certificate issued by the concerned department.

6. Disability Certificate: If you have a disability, you will need to provide a disability certificate issued by a medical professional.

7. Form 15G, Form 15H to Save TDS on Interest Income

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