Under the new scheme launched by cabinet for the rural household who are not covered under PMAY G wi...........

Agriculture and Rural Development (Phase-I/II) Rural Development Programmes

Under the new scheme launched by cabinet for the rural household who are not covered under PMAY-G with the interest subsidy, on how much loan amount the beneficiary will get the interest subsidy?

3 lakhs

4 lakhs

2 lakhs

1.5 lakhs

5 lakhs

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Explanation:

A new scheme for promotion of Rural Housing in the country was approved by the cabinet. The Government would provide interest subsidy under the scheme. Interest subsidy would be available to every rural household who is not covered under the Pradhan Mantri Aawas Yojana (Grameen), PMAY(G). The scheme would enable people in rural areas to construct new houses or add to their existing pucca houses to improve their dwelling units. The beneficiary who takes a loan under the scheme would be provided interest subsidy for loan amount upto Rs. 2 Lakhs.