The Pradhan Mantri Awas Yojana / Scheme ( PMAY) is launched in 2015. The primary ideal of this program is to give affordable casing for all by the time 2022, under the vision of" Housing for All." The scheme is divided into 2 big factors ( PMAY- U) and ( PMAY- G) Each of these factors caters to the different requirements of civic and pastoral populations in India. The heirs of this scheme are named grounded on colorful criteria, and it aims to hoist the economically weaker sections( EWS), lower- income groups( LIG), and middle- income groups( MIG). In this composition, we will explore who exactly gets the benefit of the Pradhan Mantri Awas Yojana and what criteria are used to identify the heirs.
Eligibility Criteria
The Pradhan Mantri Awas Yojana has a set of eligibility criteria to insure that the benefits of the scheme reach the targeted sections of the population. These criteria vary depending on whether the existent is applying under the civic or pastoral element of the scheme. Let us take a detailed look at the eligibility conditions for both factors.
1. Economically Weaker Section( EWS)
The ( EWS) refers to families (kutumba)that have an periodic menage income of over to Three lakhs. To qualify for the benefits under PMAY- U, aspirants must produce income evidence. Under this order, aspirants are eligible for colorful subventions, including interest subventions on home loans.
2. Low- Income Group( LIG)
The Low- Income Group( LIG) includes homes with an periodic income between Rs. 3 lakhs and Rs. 6 lakhs. individualities falling under this order are also eligible for the Credit Linked Subsidy Scheme( CLSS) offered under PMAY- U. This subvention helps in reducing the burden of home loans by furnishing interest rate abatements. The LIG order,
3. Middle- Income Group( MIG)
The Middle- Income Group( MIG) order is divided into twosub-categories
The heirs are eligible for an interest subvention of over to 4 on a loan quantum of Rs. 9 lakhs.
4. Women aspirants
One of the unique features of the Pradhan Mantri Awas Yojana is that it gives special precedence to women aspirants. For heirs from the EWS and LIG orders, it's obligatory for the property to be registered in the name of the woman or concertedly with a manly mate. This provision empowers women by giving them power of means and icing fiscal security.
5. slated gentries( SC), slated lines( ST), and Other Backward Classes( OBC)
The scheme provides special vittles for members of slated gentries( SC), slated lines( ST), and Other Backward Classes( OBC). These communities are given precedence for casing under the PMAY- U scheme, icing that they've access to affordable casing and fiscal backing.
6. People with Disabilities
Under PMAY- U, persons with disabilities are also eligible to admit benefits. The scheme aims to give casing that's accessible and comfortable for individualities with disabilities, icing that they've a safe place to live. casing units are designed with features that accommodate the specific requirements of impaired individualities, similar as ramps and wider doorways.
Eligibility ( PMAY- G)
The pastoral element of the scheme, Pradhan Mantri Awas Yojana- Gramin( PMAY- G), focuses on furnishing affordable casing to families in pastoral areas. ( SECC) 2011 data. The following criteria are used to identify heirs for PMAY- G
1. homes with No Proper casing
PMAY- G is aimed at homes that do n't have proper casing or are living in dilapidated homes. Families living in kutcha houses or structures that are unsafe and not durable are eligible to admit fiscal backing to make a endless home. This ensures that every pastoral ménage has access to safe and secure casing.
2. homes without introductory Amenities
homes that warrant introductory amenities similar as toilets, electricity, or clean water are given precedence under PMAY- G. The scheme ensures that these families admit casing with essential installations, perfecting their quality of life. The thing is n't just to give sanctum but also to ameliorate living conditions in pastoral areas.
3. Economically underprivileged homes
homes that fall under the Economically Weaker Section( EWS) in pastoral areas, as linked by the SECC data, are eligible for the scheme. This includes families with no steady source of income, landless sloggers, and marginalized sections of society who face profitable challenges in penetrating proper casing.
4. slated gentries( SC), slated lines( ST), and nonages
Special vittles are made for slated gentries, slated lines, and nonage communities in pastoral areas. These communities frequently face social and profitable disadvantages, and the scheme ensures that they admit precedence in casing allocation. fiscal backing is handed to help them make durable and safe homes in pastoral areas.
5. Women- Led homes
analogous to the civic element, PMAY- G also gives precedence to women- led homes. Families where the woman is the head of the ménage are eligible to admit backing under the scheme. This provision empowers women in pastoral areas by furnishing them with property power and enhancing their social standing.
Credit Linked Subsidy Scheme( CLSS)
One of the crucial features of PMAY is the Credit Linked Subsidy Scheme( CLSS) This scheme provides an interest subvention on home loans for eligible heirs.
EWS and LIG homes are eligible for a subvention of 6.5 on home loans up to Rs. 6 lakhs.
MIG- I homes are eligible for a subvention of 4 on home loans up to Rs. 9 lakhs.
MIG- II homes are eligible for a subvention of 3 on home loans up to Rs. 12 lakhs.
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