“PM Awas Yojana: 3 Crore Homes Built with Govt Aid

Current Context: The PMAY scheme has been extended up to 31 December, 2024 for all verticals except the Credit Linked Subsidy Scheme (CLSS) vertical, which aims to complete houses sanctioned up to 31 March 2022.

• No additional houses will be sanctioned during the extended period.
• The Union Budget 2024 announced a 66% increase in outlay for PMAY, amounting to over Rs 79,000 crore.
• The total target of pucca houses has been revised to 2.95 crore houses.
• As of April 22, 2024, 82.36 lakh houses have been completed under PMAY-Urban.

Question:

1 When has the PMAY scheme been extended until, except for the CLSS vertical?

• A) 31 December 2023
• B) 31 March 2022
• C) 31 December 2024
• D) 30 June 2024

Answer: C) The PMAY scheme has been extended up to 31 December, 2024 for all verticals except the Credit Linked Subsidy Scheme (CLSS) vertical, which aims to complete houses sanctioned up to 31 March 2022.