Union Budget 2024-25: PMAY-G Target Enhancement and New Housing Initiatives
February 1, 2024
The Union Budget 2024-25 announced a further push for the Pradhan Mantri Awas Yojana – Gramin (PMAY-G), with a target to construct an additional 2 crore houses in the next five years. This signifies the government's continued commitment to rural housing beyond the initial 2022 deadline and acknowledges the persistent demand. From a UPSC perspective, this highlights the evolving nature of policy targets and the long-term vision for [VY:ECO-11-03] rural development. It also provides a crucial data point for evaluating the mission's progress and future trajectory, especially in the context of achieving universal housing. Aspirants should analyze the budgetary allocation increase and its implications for implementation speed and quality.
UPSC Angle: Budgetary allocation for PMAY-G, extension of targets, implications for rural development and poverty alleviation, challenges in achieving new targets.