The correct answer is (d). Pradhan Mantri Awas Yojana (PMAY) is a flagship housing scheme of the Government of India launched on 25 June 2015. The scheme aims to provide affordable housing for all Indians by 2022. The scheme is being implemented by the Ministry of Housing and Urban Affairs (MoHUA).
The scheme has four components:
- Pradhan Mantri Awas Yojana – Urban (PMAY-U): This component is for the urban areas. It provides financial assistance to the beneficiaries to construct or purchase a house.
- Pradhan Mantri Awas Yojana – Rural (PMAY-R): This component is for the rural areas. It provides financial assistance to the beneficiaries to construct a house.
- Pradhan Mantri Awas Yojana – Affordable Housing in Partnership (PMAY-AHiP): This component is for the affordable housing in partnership with the private sector.
- Pradhan Mantri Awas Yojana – Credit Linked Subsidy Scheme (CLSS): This component is for the credit linked subsidy scheme for the economically weaker sections (EWS) and low income groups (LIG).
The scheme has been successful in providing affordable housing to millions of Indians. As of December 2021, the scheme has sanctioned 1.12 crore houses and disbursed Rs. 1.18 lakh crore.
The scheme has been praised for its innovative features, such as the use of technology and the involvement of the private sector. It has also been criticized for its slow pace of implementation and for the lack of transparency in the selection of beneficiaries.
Overall, Pradhan Mantri Awas Yojana is a significant step towards providing affordable housing for all Indians. The scheme has the potential to transform the lives of millions of people and to make a significant contribution to the development of the country.