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PM Modi govt 8 years: Dream of home is no longer just a dream, Pradhan Mantri Awas Yojana has changed the picture of cities and villages

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PMAY

Highlights

  • PM Modi launched Pradhan Mantri Awas Yojana on 22 June 2015
  • The scheme provides pucca houses to the economically weaker sections of the country.
  • The wheel of industries like steel, cement associated with it also turned fast.

PM Modi govt 8 years: Bread cloth and house! These three things are considered to be the most important need of human being. After independence, for the last 7 decades, the central and state governments have made arrangements to fill the stomach and cover the body, but still a large number of people do not have a roof over their heads. From cities to backward villages, a large number of people are forced to live in slums. These people, living in kutcha houses, suffer the most from bad weather as well as infectious diseases.

To solve this problem of the people, on 22 June 2015, PM Modi started the Pradhan Mantri Awas Yojana on the occasion of the first anniversary of his government. This ambitious scheme of the government provides their own pucca houses to the economically weaker section, low income group and middle income group of the country who do not have their own house. This scheme of the government got two benefits, first the common people got the key of their house. On the other hand, along with the sluggish real estate industry of the country, the wheel of industries like steel, cement, etc., also turned fast.

What is Pradhan Mantri Awas Yojana

The target of Pradhan Mantri Awas Yojana is to provide own house to each eligible family. Under the Pradhan Mantri Awas Yojana, the people living in slums, kutcha houses and EWS, LIG ​​and MIG income groups are included by the government in urban areas. Under the PM Awas Yojana, a subsidy of Rs 2.67 lakh is provided by the government on the interest of the home loan for buying a house. The government will get 20 lakh houses constructed, out of which 18 lakh houses will be built in the slum areas and the remaining 2 lakh in the poor areas of the cities.

Big opportunity for real estate industry

The country’s real estate sector and its related industries like steel, cement, brick kiln are the biggest sources of employment in the country, as well as these industries also play an important role in the country’s GDP. Where lakhs of houses are to be constructed and repaired in the country in 5 years, then these industries also get the biggest benefit. Since the inception of this scheme, the cement and steel industry of the country has got a huge demand.

Big issue in 2019 election

The responsibility of implementing this scheme rests with the states. In such a situation, the success of the Pradhan Mantri Awas Yojana is shown by the fact that non-BJP states also supported the scheme in a big way in providing houses to the people. The benefit of this social scheme was also visible in the 2019 general election. After 2014, behind the thumping majority in 2019, the success of PM Awas and Pradhan Mantri Ujjwala Yojana in rural areas has contributed a lot.

target behind corona

At the time of the launch of this scheme, a target was fixed to provide houses to all the families by 2022. But till 2022, this scheme has been able to achieve only its partial target. One of the main reasons for this is also believed to be the corona epidemic in 2020. Due to the large migration of people in India, there was a huge shortage of laborers. At the same time, the lockdown that came from time to time also slowed down the pace of this plan.

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Shivam Bangwal

Shivam Bangwal is an Indian based entrepreneur who is a tech, travel and coding enthusiast with a post graduation degree on Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Hitchhike TV, Branding Panther and many more.
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