The largest Pradhan Mantri Gramin Awas Yojana in the nation is launched in the Naharkatia area of Dibrugarh by the chief minister of Assam, Himanta Biswa Sarma.
CM Himanta Biswa Sarma stated on X on Wednesday that "Today's #VikasYatra has delivered over Rs1,600 crore of funding for development across Assam." These include a state-of-the-art convention center in Lakhimpur, a new solar-powered housing colony under the PM Awas Yojana in Naharkatiya, and ambulances for our tea gardens.
The Chief Minister delivered the inaugural address and laid the foundation stone for projects worth a total of ₹154 crore for Bajali district. CM Sarma, during his speech on the occasion, expressed confidence that the projects that were either launched or whose foundation stones were laid have great potential to fulfill the dreams and ambitions of the people living in Bajali district.
What is the Pradhan Mantri Gramin Awas Yojana?
PMGY is an initiative to support the "Housing for All Scheme." The PMAY-G program's primary goal is to supply Pucca House with a few necessities.
This program is designed for those without a home as well as those who reside in kutcha homes or homes that have sustained significant damage. The minimum size of a house that can currently be built under the PMAY-G program is 25 square meters, up from 20 square meters.
What is PMGAY's subsidy scheme?
Participants in the initiative are eligible to borrow up to Rs. 70,000 from financial institutions.
There is a 3% interest subsidy.
The subsidy's maximum principle amount is Rs. 2 lakh.
The highest subsidy amount available for the EMI due is Rs. 38,359.
Who is eligible for PMGAY?
Families who live in zero-, one-, or two-room houses with thatched roofs and walls.
Families in which there is no literate adult above 25 years of age also have no adult male member between the ages of 16 and 59.
Families in which there is no adult between the ages of 16 and 59.
Households without land whose only source of income is contract labor.
People from Scheduled Tribes, Scheduled Castes, Minorities, and Others.
Read Exclusive COVID-19 Coronavirus News updates, at MyNation.