Pradhan Mantri Awas Yojana Project Falls Short Of Target

In 2017-18 it had a success rate of 57.5 percent. As opposed to the target of 5.1 million houses, the government was able to complete 2.93 million houses under PMAY (G).

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Pradhan Mantri Awas Yojana Project Falls Short Of Target

On November 2016, Prime Minister launched the Pradhan Mantri Awas Yojana project (PMAY) – Gramin with the aim to build 10.2 million houses in rural areas by March 2019. The target was split equally between 2017-18 and 2018-19.

However, data from the Ministry of Rural Development suggest that the scheme’s performance has been less than stellar. In 2017-18 it had a success rate of 57.5 percent. As opposed to the target of 5.1 million houses, the government was able to complete 2.93 million houses under PMAY (G).

Read Also: BDA Bareilly PMAY Flats Registration Starts, Allotment From June 7

The same year it also completed another half a million houses which had been pending under the erstwhile Indira Awas Yojana (IAY). If both are clubbed together (3.4 million), then the government’s success rate in rural housing schemes rises from 57.5 percent to 68.6 percent.

Right now the challenge before the government is to double the speed of construction in order to complete the remaining 6.6 million houses before March 2019. To achieve this target, the Centre has to nudge states such as Assam and Bihar, which have been lagging behind in implementing the scheme.

Read Also: NHB Sanctioned Rs 3000 Crore Under Credit-Linked Subsidy Of PMAY

The government seems to be confident of achieving the target before the deadline. The target of completing one crore Pradhan Mantri Awas Yojana project (G) houses by March 2019, is easily achievable as it is expected that 60 lakh (six million) houses where the first instalment has already been released and work is in progress, will get completed by June 30, 2018. The effort of the department is to try and complete one crore houses by Dec 31, 2018, even though the target is March 3, 2019, the Ministry of Rural Development said.

In 2015 the Prime Minister had also launched a scheme called “Housing for All by 2022″ for those living in urban areas. Also known as the Pradhan Mantri Aawas Yojana project –Urban, this scheme is projected to build 12 million houses by 2022.

Read Also: After 3 Years Of PMAY Uttarakhand Has No House Under The Scheme

However, the progress of PMAY (U) has been slow. According to available data, only about 10 percent of the projected number of houses has been completed. Of the 4.65 million houses which were to be built, 350,000 were completed till March 22, 2018. The government claims that it has built an additional 170,000 houses that were pending under the erstwhile Jawaharlal Nehru National Urban Renewal Mission (JNNURM) scheme.

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