The scheme is also named as the Pradhan Mantri Awaas Yojana (Gramin).
Highlights of the Scheme
• In the first phase, the target is to complete one crore houses by March 2019.
• A minimum support of around 1.5 lakh rupees to 1.6 lakh rupees is now available to a household.
• If the beneficiary desires, there is also a provision of Bank loan of up to 70000 rupees.
• All the beneficiaries are selected through a completely transparent process using the Socio Economic Census 2011 data.
• It provides for skilling 5 lakh Rural Masons by 2019 and allows over 200 different housing designs across the country based on housing typologies, environmental hazards and the household requirements.
• It targets the poor households and uses ICT and space technology to confirm correct selection of beneficiaries and progress of work.
• The entire payments will be done through IT/DBT mode with Aadhaar linked Bank accounts to ensure complete transparency and accountability.