Structure of the answer:

• Introduction (About scheme).
• Objectives of the scheme.
• Who are the beneficiaries?
• What is EWS, LIG and MIG?
• What are the key domains to be focused?
• Methods of implementation.

Key points:

• What? Pradhan Mantri Adarsh Gram Yojana (PMAGY), a Government of India initiative for the empowerment of deprived sections, aims to achieve integrated development of selected villages through convergent implementation of all relevant Central and State schemes.
• Eligibility: under CLSS (MIG-I) Scheme. You must not own a pucca house either in his/her name or in the name of any member of his/her family in any part of India. You must not have availed any central/state assistance under any housing scheme from Government of India
• How does it work? The government has set a target of one crores houses in urban areas under the PMAY, launched by prime minister Narendra Modi.
• It aims to provide ‘Housing for All’ by 2022, by providing financial assistance to beneficiaries.

Features:

• The Indian government will provide an interest subsidy of 6.5% on housing loans availed by the beneficiaries for a period of 15 years from the commencement of their loan tenure.
• This scheme can well be termed as a Pro-women scheme due to its preference over to the female applicants in the family.
• During the allocation of houses under the scheme of PMAY, the preference in allocating the ground floors will be given to the senior citizens and to the differently-abled.
• All the houses built under PMYA scheme would be carried out through technology and will have eco-friendly compliance.