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    Question

    How much budget has been allocated for the additional 2

    crore houses under PMAY-G for the period 2024-29?
    A ₹3,06,137 crore Correct Answer Incorrect Answer
    B ₹2,50,000 crore Correct Answer Incorrect Answer
    C ₹3,00,000 crore Correct Answer Incorrect Answer
    D ₹4,00,000 crore Correct Answer Incorrect Answer
    E ₹3,50,000 crore Correct Answer Incorrect Answer

    Solution

    The Union Cabinet approved a budget of ₹3,06,137crore for the construction of an additional 2 crore houses under PMAY-G for FY 2024-25 to 2028-29. Important Points: • Scheme Name:PradhanMantriAwaasYojana - Gramin (PMAY-G) • Start Date: April 1, 2016. • Ministry: The Ministry of Rural Development (MoRD) • Objective: PMAY-G focuses on providing pucca houses with basic amenities such as water and sanitation to rural poor families. • Target: 4.95 crore houses by 2029 that is 2.95 crore in phase 1(2016-2024)  and additional 2 crore houses in phase2(2024-2029)  • The Union Cabinet has approved the allocation of ₹3,06,137crore for constructing an additional 2 crore houses under PMAY-G, to be implemented from FY 2024-25 to 2028-29. • Under PMAY-G, a total of 3.23 crore houses have been sanctioned for construction.

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