PMAY-Rural a mega job-spinner

The rural housing scheme has generated over 52 crore person days of employment in two years, emerging a key source of subsistence for unskilled and skilled labourers in the countryside, says a study by National Institute of Public Finance and Policy. The Pradhan Mantri Awas Yojana (rural), the revamped version of Indira Awas Yojana, was launched in 2016. In two years, the scheme has constructed 25.32 lakh houses while 21.28 are under construction. The total expenditure during this period has been Rs 35,135 crore.  An analysis of the PMAY construction by NIPFP has concluded that the scheme over two years has generated 52.47 crore person days of direct employment. Of this, 20.85 crore person days are for skilled labour and 31.62 crore for unskilled labour. The PMAY (rural) has set a target of completing one crore houses by 2019.

Source : ET Realty