Home India National Bank For Agriculture and Rural Development Parliament Question: Home Loans to Beneficiaries under PMAY-...
Date: 2025-07-29 Category: Not Applicable State: Union Government Country: India

Parliament Question: Home Loans to Beneficiaries under PMAY-G

Issued by National Bank For Agriculture and Rural Development · Not Applicable

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

This document summarizes the Indian government's response to a parliamentary question regarding the Pradhan Mantri Awaas Yojana-Gramin (PMAYG) scheme, specifically concerning home loans and financial assistance in the Panna, Katni, and Khajuraho districts of Madhya Pradesh. The Ministry of Rural Development confirms the implementation of PMAYG, initiated on April 1, 2016, with the aim of constructing 2.95 crore houses for eligible rural households by March 2024. Recognizing increased housing needs, the Union Government has approved an additional 2 crore rural houses to be constructed over five years (FY 2024-25 to FY 2028-29) with an outlay of Rs 3.06 lakh crore. As of July 24, 2025, Madhya Pradesh has been allocated a cumulative target of 57,74,572 houses, with 49,38,196 houses sanctioned and 38,47,563 completed. PMAYG provides financial assistance of Rs 1.20 lakh in plain areas and Rs 1.30 lakh in North-Eastern states and Himalayan states and UTs. The central share is released directly to the State/UT. Since 2016-17, the total central share released to Madhya Pradesh under PMAYG, including PMJANMAN, amounts to Rs. 35,076.60 crores. The distribution of funds to beneficiaries within districts is managed by the respective State/UT government.

Key Entities Referenced

Pradhan Mantri Awaas Yojana Gramin (PMAYG): A rural housing scheme implemented by the Ministry of Rural Development, Government of India, aiming to provide affordable housing to eligible rural households. Ministry of Rural Development: The central government ministry responsible for implementing rural development programs, including PMAYG. Madhya Pradesh: A state in India where PMAYG is being implemented, with a significant number of houses targeted and sanctioned. Panna district: A district in Madhya Pradesh, India; one of the districts mentioned in the context of beneficiaries under PMAYG. Katni district: A district in Madhya Pradesh, India; one of the districts mentioned in the context of beneficiaries under PMAYG. Khajuraho of Chhatarpur district: A region in Madhya Pradesh, India; one of the districts mentioned in the context of beneficiaries under PMAYG. Himachal Pradesh: A Hill state in India where beneficiaries of PMAYG receive financial Assistance of Rs.1.30 lakh Uttarakhand: A Hill state in India where beneficiaries of PMAYG receive financial Assistance of Rs.1.30 lakh
Official Source Record View Original Source →
See Full Document Text
GOVERNMENT OF INDIA MINISTRY OF RURAL DEVELOPMENT DEPARTMENT OF RURAL DEVELOPMENT LOK SABHA UNSTARRED QUESTION NO. 1540 ANSWERED ON 29/07/2025 HOME LOANS TO BENEFICIARIES UNDER PMAY-G 1540. Shri Vishnu Datt Sharma: Will the Minister of RURAL DEVELOPMENT be pleased to state: (a) whether the Government is implementing Pradhan MantriAwaasYojana-Gramin (PMAY-G); (b) if so, whether the Government has provided financial assistance and subsidy on interest rates on home loans to beneficiaries in the districts of Panna, Katni and Khajuraho of Chhatarpur district; (c) if so, the details thereof; and (d) if not, the reasons therefor? ANSWER MINISTER OF STATE IN THE MINISTRY OF RURAL DEVELOPMENT (DR. CHANDRA SEKHAR PEMMASANI) (a) to (d): The Ministry of Rural Development is implementing the Pradhan MantriAwaasYojana- Gramin (PMAY-G) w.e.f. 1st April, 2016 to construct 2.95 crore houses by providing assistance to eligible rural households with basic amenities in the country by March 2024 including the State of Madhya Pradesh. The Union Government has approved an 2 crore additional rural houses under PMAY-G to be constructed in the next five years from FY 2024-25 to FY 2028-29 with an outlay of Rs 3.06 lakh crore to meet the additional housing requirements due to increase in the number of families in rural areas across the country. The State of Madhya Pradesh has been allocated a cumulative target of 57,74,572 houses, out of which 49,38,196 houses have been sanctioned and 38,47,563 have been completed as on 24.07.2025. Page 1 of 2Under PMAY-G beneficiaries has been provided financial Assistance of Rs.1.20 lakh in plain areas and Rs.1.30 lakh in North- eastern States, and Hill states of Himachal Pradesh, Uttarakhand, UTs of Jammu & Kashmir and Ladakh. The Central share under PMAY-G is released directly to the State/Union Territory (UT), considering the State/UT as a unit, on the basis of balance targets, liabilities and unspent balance available. Further, release of funds to beneficiaries in various districts is done by the respective State/UT. The total central share released to the State of Madhya Pradesh since 2016-17 under the PMAY-G (including PM-JANMAN) is Rs. 35,076.60 crores. ***** Page 2 of 2

Continue your research