Consider the following statements regarding eligibility criteria for Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 Scheme:

Question

Consider the following statements regarding eligibility criteria for Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 Scheme:

i. Low-Income Group(LIG) households are families with an annual income up to Rs. 3 lakh.

ii. Economically Weaker Section(EWS) households are families with an annual income from Rs. 3 lakh up to Rs. 6 lakh.

iii. Middle Income Group (MIG) households are families with an annual income from Rs. 6 lakh up to Rs. 12 lakh.

The INCORRECT statement/s is/are:

1. A. i only
2. B. ii and iii
3. C. iii only
4. D. i, ii and iii (Correct answer)

Correct Answer

Option D — i, ii and iii

Detailed Solution & Explanation

The correct answer is i, ii and iii.

Key Points

• The question asks which statements are INCORRECT, and all three are. The actual income limits under PMAY-Urban 2.0 are:

• Statement i is incorrect — the ₹3 lakh ceiling belongs to EWS, not LIG.
• Statement ii is incorrect — the ₹3–6 lakh band belongs to LIG, not EWS. Statements i and ii have simply been swapped.
• Statement iii is incorrect — the MIG band is ₹6–9 lakh, not ₹6–12 lakh.

Additional Information

• PMAY-U 2.0 was approved in August 2024 under the theme *"Housing for All"*, with the aim of assisting 1 crore urban families — including the urban poor and middle class — to build, buy or rent a house over five years, with central assistance of about ₹2.30 lakh crore.
• Its four verticals:
  • Beneficiary-Led Construction (BLC) — assistance to a family to build a house on its own land
  • Affordable Housing in Partnership (AHP) — houses built by public or private agencies
  • Affordable Rental Housing (ARH) — for working women, industrial workers, urban migrants and the homeless
  • Interest Subsidy Scheme (ISS) — a subsidy on home loans for EWS, LIG and MIG families
• Under ISS, a subsidy is available on the first ₹8 lakh of a loan up to ₹25 lakh, for a house of value up to ₹35 lakh, released in five-yearly instalments — a change from the earlier Credit Linked Subsidy Scheme, which paid the subsidy up front.
• The original PMAY-U (2015) worked through the same BLC, AHP, ISS and an In-Situ Slum Redevelopment (ISSR) vertical, and mandated that the house be in the name of the woman of the household or in joint names.
• PMAY-Gramin, the rural counterpart, provides assistance of ₹1.20 lakh in plain areas and ₹1.30 lakh in hilly, difficult and IAP districts, with beneficiaries selected from the SECC 2011 data and verified by the Gram Sabha.