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With reference to the Pradhan Mantri Awaas Yojana – Gramin (PMAY-G), consider the following statements:
1. The Union Cabinet has approved the proposal of the Department of Rural Development for continuation of Pradhan Mantri Awaas Yojana – Gramin (PMAY-G) beyond March 2021.
2. The total financial implication for construction of the remaining 155.75 lakh houses is Rs. 2,17,257 crore for achieving cumulative targets of 2.95 crore houses in rural areas under the PMAY-G.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
With reference to the Pradhan Mantri Awaas Yojana – Gramin (PMAY...
The Union Cabinet has approved the proposal of the Department of Rural Development for continuation of Pradhan Mantri Awaas Yojana – Gramin (PMAY-G) beyond March 2021 wherein financial assistance is to be provided for the construction of the remaining 155.75 lakh houses, as on 31st March, 2021 under the scheme within total target of 2.95 crore houses.
  • Continuation of PMAY-G beyond March 2021 till March 2024 as per the existing norms to complete remaining houses within a cumulative target of 2.95 crore houses.
  • The total financial implication for construction of the remaining 155.75 lakh houses is Rs. 2,17,257 crore (Central Share Rs.1,25,106 crore and State Share Rs.73,475 crores) for achieving cumulative targets of 2.95 crore houses in rural areas under the PMAY-G and an additional requirement of Rs.18,676 Crore towards the interest repayment to NABARD.
  • The phasing out of EBR and provision of entire scheme funding through Gross Budgetary Support (GBS) shall be decided in consultation with the Ministry of Finance.
  • Release of additional ₹45 lakh administrative funds annually from the Central share of Administrative funds (0.3% out of total Administrative fund of 2%) to each smaller State viz. Himachal Pradesh, Haryana, Goa, Punjab, Uttarakhand, the NE States except for Assam and Tripura and all UTs except J&K over and above 1.70 % administrative funds released to said States/UTs.
  • Continuation of Program Management Unit (PMU) and National Technical Support Agency (NTSA) till FY 2023-24.
Hence both statements are correct.
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With reference to the Pradhan Mantri Awaas Yojana – Gramin (PMAY-G), consider the following statements:1. The Union Cabinet has approved the proposal of the Department of Rural Development for continuation of Pradhan Mantri Awaas Yojana – Gramin (PMAY-G) beyond March 2021.2. The total financial implication for construction of the remaining 155.75 lakh houses is Rs. 2,17,257 crore for achieving cumulative targets of 2.95 crore houses in rural areas under the PMAY-G.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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With reference to the Pradhan Mantri Awaas Yojana – Gramin (PMAY-G), consider the following statements:1. The Union Cabinet has approved the proposal of the Department of Rural Development for continuation of Pradhan Mantri Awaas Yojana – Gramin (PMAY-G) beyond March 2021.2. The total financial implication for construction of the remaining 155.75 lakh houses is Rs. 2,17,257 crore for achieving cumulative targets of 2.95 crore houses in rural areas under the PMAY-G.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the Pradhan Mantri Awaas Yojana – Gramin (PMAY-G), consider the following statements:1. The Union Cabinet has approved the proposal of the Department of Rural Development for continuation of Pradhan Mantri Awaas Yojana – Gramin (PMAY-G) beyond March 2021.2. The total financial implication for construction of the remaining 155.75 lakh houses is Rs. 2,17,257 crore for achieving cumulative targets of 2.95 crore houses in rural areas under the PMAY-G.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Pradhan Mantri Awaas Yojana – Gramin (PMAY-G), consider the following statements:1. The Union Cabinet has approved the proposal of the Department of Rural Development for continuation of Pradhan Mantri Awaas Yojana – Gramin (PMAY-G) beyond March 2021.2. The total financial implication for construction of the remaining 155.75 lakh houses is Rs. 2,17,257 crore for achieving cumulative targets of 2.95 crore houses in rural areas under the PMAY-G.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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