City vs Gramin: How Are the Two Pradhan Mantri Awas Yojana Schemes Completely different?


The PMAY scheme by the central authorities is classed into two categories- PMAY City (U) and PMAY Gramin (G). Take a look at this put up to know the variations between the 2 schemes.

The central authorities launched the Pradhan Mantri Awas Yojana (PMAY) scheme in 2015 to realize its “Housing for All” by 2022 goal. Underneath this scheme, the federal government goals to supply greater than 20 million pucca homes with all the fundamental facilities to eligible beneficiaries by 2022.

The PMAY scheme is classed into two categories- PMAY City (U) and PMAY Gramin (G). Whereas the last word aim of the scheme is to make housing inexpensive for the poor, there are some important variations between these classes. Have a look-

1. Verticals of PMAY (U) and PMAY (G)

PMAY (U) goals to assist the city poor, together with slum dwellers, understand their residence possession dream. This class focuses on these 4 verticals-

  • Reasonably priced housing underneath the PPP (Public-Non-public Partnership) mannequin
  • In-situ rehabilitation of slum dwellers
  • Offering subsidy for home development/enhancement
  • CLSS (Credit score-Linked Subsidy Scheme) for EWS (Economically Weaker Sections)

PMAY (G), alternatively, has a single vertical- offering pucca homes to the agricultural poor. Individuals from the agricultural elements of the nation who’re homeless or reside in dilapidated or kucha homes are helped underneath PMAY (G).

2. Eligibility Standards

Even the eligibility standards considerably fluctuate between PMAY (U) and PMAY (G). The PMAY (U) extends to-

  • Economically Weaker Part (EWS)- revenue as much as Rs. 3,00,000 lakhs in a yr
  • Decrease Earnings Group (LIG)- revenue between Rs. 3,00,001 to Rs. 6,00,000 in a yr
  • Center Earnings Group I (MIG-1)- Annual revenue between Rs. 6,00,001 to Rs. 12,00,000
  • Center Earnings Group II (MIG-2)- Annual revenue between Rs. 12,00,001 to Rs. 18,00,000

For PMAY (G), the beneficiaries are chosen by the respective Gram Sabha. In contrast to PMAY (U), there are not any set eligibility standards based mostly on which the beneficiaries can verify their eligibility. If a beneficiary’s identify is within the listing launched by their Gram Sabha, he/she is eligible for the advantages.

3. Fund Allocation and CLSS

Similar to the verticals and eligibility, even the help underneath Pradhan Mantri Awas Yojana varies between PMAY (U) and PMAY (G).

PMAY (U) presents the next benefits-

  • Slum rehabilitation grant of as much as Rs. 1,00,000 for Economical Weaker Part
  • Monetary help of as much as Rs. 1,50,000 lakhs underneath the PPP mannequin for EWS beneficiaries
  • Underneath CLSS, EWS, LIG, and MIG beneficiaries can apply for residence loans at subsidised rates of interest. Nonetheless, the utmost mortgage quantity on which this subsidised rate of interest could be relevant is capped in all of the classes.
  • EWS beneficiaries who can’t benefit from the above advantages are offered monetary help of as much as Rs. 1,50,000 lakhs for development/enhancement of pucca home

PMAY (G) presents the next benefits-

  • Monetary help of as much as Rs. 1.2 lakhs for development of a pucca residence in plain areas and as much as Rs. 1.3 lakhs for development of a pucca residence in tough to entry areas
  • Further help of as much as Rs. 12,000 for development of bathroom
  • Curiosity subsidy for loans of as much as Rs. 6 lakhs
  • Further 3% concession on the rate of interest if the full mortgage quantity is as much as Rs. 2 lakhs

Taking Benefit of the PMAY Scheme

The City and Gramin/Rural classes of the PMAY scheme successfully goal the “Housing for All” by 2022 goal of the federal government by abundantly specializing in EWS and LIGs.

Beneficiaries eligible underneath PMAY (U) or PMAY (G) can seek the advice of a monetary establishment registered underneath the scheme to know extra about the advantages and the applying course of.