Cabinet approves extension of Pradhan Mantri Awaas Yojana-Gramin till March 2024

The Union Cabinet has approved the continuation of Pradhan Mantri Awaas Yojana (Rural) for another three years.

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New Delhi: The Union Cabinet on Wednesday approved the continuation of Pradhan Mantri Awaas Yojana (Rural) for another three years, Union minister Anurag Thakur said.

He told a media briefing on Cabinet decisions that the extension has been granted beyond March 2021 and till March 2024.

#Cabinet approves continuation of Pradhan Mantri Awas Yojana-Gramin scheme till March 2024

This will help achieve the target of 2.95 crore pucca houses with basic amenities in rural India#CabinetDecisions pic.twitter.com/WYQXorepVh — PIB India (@PIB_India) December 8, 2021

A government spokesperson said the extension of the scheme will help in the construction of the remaining 155.75 lakh houses. It will help achieve the target of 2.95 crore 'pucca' houses.

The total financial implication for the remaining construction stands at Rs 1,98,581 crore, the spokesperson said on Twitter. Also Read: Sensex zooms 1,016 points; Nifty reclaims 17,400-mark

Thakur said that the scheme will ensure housing for all in rural areas. Also Read: RateGain Travel IPO: Check latest GMP, subscription status, expected listing price; should you invest?