PRADHAN MANTRI GRAM SADAK YOJANA (PMGSY): ECONOMY

Pradhan Mantri Gram Sadak Yojana (PMGSY): ECONOMY

News: Finance Minister announced Phase IV of Pradhan Mantri Gram Sadak Yojana (PMGSY) to connect 25,000 villages with all-weather roads, and allocated an outlay of Rs 19,000 crore for the financial year 2024-25.

 

What’s in the news?

Pradhan Mantri Gram Sadak Yojana (PMGSY)

  • The Pradhan Mantri Gram Sadak Yojana (PMGSY) is a nationwide plan in India to provide good all-weather road connectivity to unconnected villages.
  • This Centrally Sponsored Scheme was introduced in 2000.
  • The PMGSY is under the authority of the Ministry of Rural Development.

 

PMGSY – Phase I

PMGSY – Phase I was launched in 2000 as a 100 % centrally sponsored scheme with an objective to provide single all-weather road connectivity to eligible unconnected habitation of designated population size for overall socio-economic development of the areas.

 

PMGSY – Phase II

  • The Phase II of PMGSY was approved in 2013, and while the ongoing PMGSY – I continued – under PMGSY phase II, the roads already built for village connectivity was to be upgraded to enhance rural infrastructure.
  • For the 12th Five Year Plan period a target of 50,000 Km length under PMGSY-II. 75 per cent of the cost of the upgradation was by the Centre and 25 per cent by the state.
  • For hill states, desert areas, Schedule V areas and Naxal-affected districts, 90 per cent of cost was borne by the Centre.

 

PMGSY – Phase III

  • The Phase III was approved by the Cabinet in 2019.
  • It involves consolidation of Through Routes and Major Rural Links connecting habitations to Gramin Agricultural Markets (GrAMs), Higher Secondary Schools and Hospitals.
  • Under the PMGSY-III Scheme, it is proposed to consolidate 1,25,000 Km road length in the States, and the duration of the scheme is 2019-20 to 2024-25.
  • The funds would be shared in the ratio of 60:40 between the Centre and State for all States except for 8 North Eastern and 3 Himalayan States (Jammu & Kashmir, Himachal Pradesh & Uttarakhand) for which it is 90:10.

 

PMGSY – Phase IV

  • Announcement: Phase IV of the Pradhan Mantri Gram Sadak Yojana (PMGSY) was introduced in the Union Budget for the fiscal year 2024-25.
  • Objective: To connect 25,000 villages with all-weather roads.
  • Budget Allocation: Rs 19,000 crore has been allocated for this phase for the financial year 2024-25 (FY-25).

 

Source: https://www.indiatvnews.com/news/india/parliament-monsoon-session-bjp-president-jp-nadda-success-pmgsy-pm-modi-rajya-sabha-india-bloc-nda-lok-sabha-pradhan-mantri-gram-sadak-yojana-budget-2024-07-30-944360