Pradhan Mantri Awas Yojana (PMAY)

 Pradhan Mantri Awas Yojana (PMAY), otherwise called the State leader's Lodging Plan, is an administration driven drive to give reasonable lodging to the metropolitan poor in India. The plan was sent off in June 2015 by Head of the state Narendra Modi.

The essential goal of PMAY is to give a 'pucca' house to all qualified families residing in metropolitan regions by 2022. The plan offers two parts:

* Pradhan Mantri Awas Yojana - Metropolitan (PMAY-U): This part is for the financially more vulnerable segments (EWS) and low-pay gatherings (LIG). The public authority gives a sponsorship of 60% and 90%, individually, for the development of a house under this part.

* Pradhan Mantri Awas Yojana - Reasonable Lodging in Organization (PMAY-AHP): This part is for center pay gatherings (MIG). The public authority gives an endowment of 30% to the development of a house under this part.

Under PMAY, the public authority has set an objective of building 2 crore (20 million) houses by 2022. As of Walk 2023, the public authority has finished the development of 1.6 crore (16 million) houses under PMAY.

PMAY has been a significant progress in giving reasonable lodging to the metropolitan poor in India. The plan has assisted with working on the everyday environments of millions of individuals and has likewise added to the financial development of the country.

Here are a portion of the critical highlights of PMAY:

* It is an interest driven plot, and that implies that the public authority will just form houses for the individuals who have applied for it.

* The public authority gives an endowment to the development of a house, which can be utilized to buy land, construct a house, or both.

* The public authority likewise gives credits to qualified families at a concessional pace of interest.

* The public authority has collaborated with different state legislatures and confidential engineers to execute the plan.

PMAY has been lauded by a lot of people for its aggressive objective and working on the existences of millions of people potential. Nonetheless, the plan has additionally been censured for its sluggish execution and for the absence of straightforwardness in the determination of recipients.

Notwithstanding these difficulties, PMAY stays a significant drive that can possibly have a huge effect on the existences of the metropolitan poor in India.