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Time of India
25-05-2025
- Business
- Time of India
Prayagraj administration cracks down on 2,000 PMAY defaulters
PRAYAGRAJ : The Prayagraj district administration has launched recovery proceedings against over 2,000 beneficiaries of the Pradhan Mantri Awas Yojana ( PMAY ) who received funds but failed to construct their houses. After sending notices, the administration is now preparing to issue Recovery Certificates (RCs) from the respective tehsils to reclaim the misused public funds. A total of 1,507 rural beneficiaries under PMAY-Gramin and 504 urban beneficiaries under PMAY-Urban did not complete their homes despite receiving government assistance. Notably, nearly 470 individuals in the urban sector received financial aid almost six years ago but have yet to build their houses, despite receiving all instalments. Of these, more than 400 beneficiaries did not even lay the foundation for their houses. Another 100 managed to build only partial structures such as incomplete walls. Urban areas such as Jhalwa, Dhoomanganj, Salori, Baghara, Rajapur, Kareli and Rajrooppur have the highest concentration of defaulters. Similarly, beneficiaries from towns like Sirsa, Bharatganj, Koraon, Shankargarh, Handia, Phulpur, Mauaima and Lal Gopalganj also failed to utilise the sanctioned funds appropriately. The issue is particularly widespread in rural areas, where approximately 1,450 beneficiaries across tehsils such as Koraon, Meja, Karchhana, Bara, Phulpur, and Handia failed to initiate construction despite receiving all installments of government aid. In most cases, the homes did not progress beyond the foundation stage, with some plots not even undergoing excavation. To address this issue, the District Urban Development Agency (DUDA) is preparing to send a formal report to the concerned tehsils for the issuance of Recovery Certificates (RCs) against urban defaulters. DUDA is also working on similar documentation for rural areas to take further action. Chief development officer Harshika Singh emphasised that beneficiaries who receive financial aid under the PMAY must ensure the funds are used strictly for home construction. Those who ignored three notices and failed to show progress in construction will now face strict recovery action. This crackdown is part of a broader move to enforce accountability and ensure that govt schemes reach genuine beneficiaries who intend to utilise the support for their intended purpose, say officials of the district administration.
Time of India
24-05-2025
- Business
- Time of India
Prayagraj admin cracks down on 2,000 PMAY defaulters
Prayagraj: The Prayagraj district administration has launched recovery proceedings against over 2,000 beneficiaries of the Pradhan Mantri Awas Yojana (PMAY) who received funds but failed to construct their houses. After sending notices, the administration is now preparing to issue Recovery Certificates (RCs) from the respective tehsils to reclaim the misused public funds. A total of 1,507 rural beneficiaries under PMAY-Gramin and 504 urban beneficiaries under PMAY-Urban did not complete their homes despite receiving government assistance. Notably, nearly 470 individuals in the urban sector received financial aid almost six years ago but have yet to build their houses, despite receiving all instalments. Of these, more than 400 beneficiaries did not even lay the foundation for their houses. Another 100 managed to build only partial structures such as incomplete walls. Urban areas such as Jhalwa, Dhoomanganj, Salori, Baghara, Rajapur, Kareli and Rajrooppur have the highest concentration of defaulters. Similarly, beneficiaries from towns like Sirsa, Bharatganj, Koraon, Shankargarh, Handia, Phulpur, Mauaima and Lal Gopalganj also failed to utilise the sanctioned funds appropriately. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Resort com tudo incluído na Bahia Palladium Hotel Group Undo The issue is particularly widespread in rural areas, where approximately 1,450 beneficiaries across tehsils such as Koraon, Meja, Karchhana, Bara, Phulpur, and Handia failed to initiate construction despite receiving all installments of government aid. In most cases, the homes did not progress beyond the foundation stage, with some plots not even undergoing excavation. To address this issue, the District Urban Development Agency (DUDA) is preparing to send a formal report to the concerned tehsils for the issuance of Recovery Certificates (RCs) against urban defaulters. DUDA is also working on similar documentation for rural areas to take further action. Chief development officer Harshika Singh emphasised that beneficiaries who receive financial aid under the PMAY must ensure the funds are used strictly for home construction. Those who ignored three notices and failed to show progress in construction will now face strict recovery action. This crackdown is part of a broader move to enforce accountability and ensure that govt schemes reach genuine beneficiaries who intend to utilise the support for their intended purpose, say officials of the district administration.
Time of India
23-04-2025
- Business
- Time of India
Govt scheme helping street vendors thrive, Rs 71 cr loans disbursed
Gorakhpur: Since its launch in Jun 2020 during the pandemic-induced economic slowdown, the Pradhan Mantri Street Vendors AtmaNirbhar Nidhi (PM SVANidhi) scheme, aimed at pushing inclusive economic growth, has boosted fortunes of street vendors significantly. Designed to empower vendors with accessible microcredit, the scheme has provided a major lifeline to small-scale entrepreneurs. Under the scheme, Rs 71.91 crore loans have been disbursed to 38,708 vendors across Gorakhpur by the District Urban Development Agency (DUDA). Beneficiaries are eligible for a Rs 10,000 collateral-free loan, followed by a second loan of Rs 20,000 on successful repayment, and third of up to Rs 50,000. So far, 12,523 vendors have availed the second loan, while 1,632 have reached the third phase. As further incentive to vendors, the scheme offers 7% interest subsidy for timely repayment and up to Rs 1,200 cashback for digital transactions. Gorakhpur vendors are reportedly benefiting in large numbers from these digital perks. Gorakhpur exceeded its original target of 32,635 beneficiaries in the first loan phase. DUDA received 39,228 applications, approved 38,802, and disbursed loans to 38,708 street vendors. This reflects robust implementation and proactive monitoring under CM Yogi Adityanath's leadership. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Google Brain Co-Founder Andrew Ng, Recommends: Read These 5 Books And Turn Your Life Around Blinkist: Andrew Ng's Reading List Undo To streamline the process, a single-window system ensures applicants face minimal hurdles. With the PM SVANidhi scheme , street vendors are not only recovering from pandemic setbacks but also scaling their businesses towards financial self-reliance and growth.
