Pradhan Mantri Awas Yojana (PMAY)- How to Apply, Eligibility Guidelines

The prices of the real estate in India had been on rising and today, it is very difficult to afford a house for a family in any city. The prices have increased exponentially in last few years and for most of the people, owning a house is a dream that would never come true. To deal with this, the government came up with Pradhan Mantri Awas Yojana and this scheme was aimed at providing affordable housing to the people in rural as well as the urban area. The scheme aims at providing the housing for all the people by 2022 and here are all the details about the scheme.

What is Pradhan Mantri Awas Yojana?

PMAY

As per the scheme, the government is planning to construct over 2 crore houses across the country and the project is supposed to be completed by the year 2022. In addition to this, the main target of the scheme is the poor people who fall under EWS and LIG category. At present, we are in Phase 2 of the scheme and the Phase 2 is going to be completed in March 2019. In this phase, the government is planning to cover up over 200 more cities in addition to the cities covered in the first phase of the scheme. In the third phase of the scheme, the government will cover up all the cities left out in Phase 1 and Phase 2.

Read also: Pradhan Mantri Kaushal Vikas Yojana

How will Pradhan Mantri Awas Yojana work?

The interested people can go ahead and apply for the scheme with the online process and once they have registered for the scheme, the list of the beneficiary will be published online. The selected people can go ahead and then complete the formalities for the scheme so as to get the possession of the house at the earliest. The government is also offering a loan at the subsidized rate for the scheme which is certainly another advantage of the scheme.

What is the Eligibility criteria for Pradhan Mantri Awas Yojana?

The eligibility criteria for the scheme is mentioned below

  • The scheme is available only for the Indian Citizen.
  • The applicant can apply under EWS, LIG, MIG, Minority and Women Quota. This category depends on the income of the person.
  • Not everyone is eligible for a subsidy and there are criteria on income for the same.
  • The applicant should not have a house in any part of the country to apply for the scheme.

How to apply for Pradhan Mantri Awas Yojana?

It is possible to apply for the scheme through the online procedure and here is how you can do it

  • You can then click Citizen Assesment and select the appropriate option to begin the registration.
  • You would need a valid Aadhaar Number to move ahead with the registration.
  • Once the registration is complete, you will receive an application number and you can keep the application number safely for tracking the status of the application.

You may also like: Pradhan Mantri Ujjwala Yojana

What are the benefits of Pradhan Mantri Awas Yojana?

The benefits of the scheme are –

  • The scheme will provide affordable housing to the people and this would certainly reduce the number of slums.
  • The scheme will also ensure that the health of the people improves as this would make also ensure that the area is open defecation
  • The people would also get a subsidy on the loan and hence it would make the house more affordable for the people.
  • The scheme will also improve the standard of living of the people.

Who will back the plan?

The plan is being backed by the central government but all the state governments are participating in the scheme to make it a success and help the citizen of the nation.

Details of the scheme

Scheme Name – Pradhan Mantri Awas Yojana

Budget For scheme – NA

Scheme Launched by – Mr. Narendra Modi

Official Website: http://pmaymis.gov.in/

Is this the way forward for the nation?

The scheme is a great way to help the country in the development of infrastructure. In addition to this, the scheme will prove to be really helpful in many other ways. The government should implement more such scheme to help the public and move towards a developed and better future.

Read also:

Pradhan Mantri Awas Yojana (PMAY) Details - How to Apply, Eligibility Guidelines
  • Pradhan Mantri Awas Yojana (PMAY) Details - How to Apply, Eligibility Guidelines

Summary

PM Awas Yojana - Here are all the details about the Pradhan Mantri Awas Yojana (PMAY) scheme like How to Apply, Eligibility Guidelines, online form and much more.

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