Pradhan Mantri Awas Yojana (PMAY) - Urban

The Pradhan Mantri Awas Yojana (PMAY), launched in 2015 by the Government of India, is a credit-linked subsidy scheme that aims to make housing affordable for low and moderate-income families across the country. With a target of building 2 crore (20 million) houses by 2022, PMAY is a key initiative in the government's vision of "Housing for All."

1. Pradhan Mantri Awas Yojana (PMAY ): Building a Dream, Building a Nation

2. Project analysis slide 2 The Housing Challenge in India Millions of Indians lack access to safe and adequate housing. Slum dwellings often lack basic amenities like sanitation and clean water. Affordable housing solutions are crucial for improving living standards.

3. Project analysis slide 3 Pradhan Mantri Awas Yojana : A Two-Pronged Approach PMAY caters to both urban and rural populations. PMAY-U: Focuses on affordable housing in urban areas for EWS & LIG. PMAY-G & PMAY-R: Targets rural households below the poverty line. PMAY-G : New house construction. PMAY-R: Renovation of existing dilapidated houses.

4. Project analysis slide 4 How Does PMAY Work? Credit-linked subsidy scheme . Beneficiaries must meet income criteria. Apply through state nodal agencies or online portals. Avail home loans from banks at subsidized interest rates. Subsidy amount varies based on income category (EWS, LIG, MIG). Loan amount can be used for new construction or house enhancement.

5. Project analysis slide 5 Benefits of PMAY Affordability: Reduced financial burden due to interest rate subsidies. Improved Living Conditions: Safe and secure homes with basic amenities. Economic Growth: Boosts the housing sector, creating jobs.

6. Thank You