PM Modi to Transfer Rs 700 Crore to Housing Scheme Beneficiaries in Tripura

Story Highlights
  • PM Modi to transfer funds for tripura residents under PMAY-G today.
  • Rs 700 crore will be credited directly to the bank accounts of more than 1.47 lakh beneficiaries.
  • PMAY-G was introduced to shelter every homeless resident in rural areas

New Delhi:PM Modi is scheduled to transfer the first installment of the funds sanctioned under the Pradhan Mantri Awas Yojna Gramin (PMAY-G) to the beneficiaries from Tripura. As per the announcement by the PMO, Rs 700 crores would be transferred to rougly 1.47 lakh residents of the state via video conferencing.

Under this scheme the Modi government strives to provide “housing for all”. It aims to achieve the its housing objective ahead of the 75th of Independence by 2022.The definition of what qualifies as a “kaccha” house (having structures constructed of bamboo, clay, grass, flax, pebbles, mulch, crop residues, and the likes) has been changed specifically for a state, the PMO said, considering the unique geo-climatic condition of Tripura.

This program stems from the direct intervention of the Prime Minister, and has faciltated a large number of beneficiaries living in “kaccha” houses in the state to get assistance to construct a “pucca” house.In the year, 2021, Tripura was pronounced as the ‘best-performing state’ in the north-eastern region and hilly states category under the central government’s flagship Pradhan Mantri Awas Yojana (Urban) scheme.

PMAY-G was introduced to shelter every homeless resident in rural areas. It should be noted that, Chhattisgarh, Assam, Maharashtra, Madhya Pradesh, West Bengal, Karnataka, and Tamil Nadu have huge gaps, pending sanctions and need to expedite the daily rate of sanctions to achieve the target.

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