SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Bihar urges Centre to release pending INR 3,000 crore for rural housing

#Taxation & Finance News#Residential#India#Bihar
Last Updated : 16th Feb, 2026
Synopsis

Bihar has requested the Centre to release a pending INR 3,000 crore under the Pradhan Mantri Awas Yojna Gramin (PMAY-G) to expedite rural housing construction. State Rural Development Minister Sharwan Kumar informed that while INR 91 crore was released recently, it was distributed without an operational Single Nodal Agency (SNA) account, delaying further disbursements. The state is establishing its SNA account to directly transfer funds through PFMS AwaasSoft. More than 12 lakh pucca houses have approval, but over 72,000 beneficiaries are still awaiting their first instalment.

The Bihar government has formally appealed to the Central government for the release of a pending INR 3,000 crore to support the Pradhan Mantri Awas Yojna Gramin initiative. Rural Development Minister Sharwan Kumar highlighted in the state assembly that the state is working to ensure timely construction of over 12 lakh pucca houses for eligible rural beneficiaries.


Sharwan Kumar explained that the Centre released INR 91 crore recently, which was distributed among PMAY-G beneficiaries without the creation of a Single Nodal Agency (SNA) account. He added that Bihar has faced delays in setting up its SNA account, which is essential for efficient fund distribution and monitoring. The state has requested the pending funds so that they can be directly transferred to beneficiaries as soon as the SNA account is ready.

The SNA system, introduced in 2021, is designed to streamline fund disbursal for centrally sponsored schemes (CSS). Once operational, funds under PMAY-G are routed directly to beneficiary accounts through the PFMS AwaasSoft platform. The minister said the state is actively working to establish its SNA account and hopes the pending INR 3,000 crore will be released promptly to ensure distribution before March 31, 2026.

Bihar has received approval to fund the construction of more than 12.08 lakh pucca houses under PMAY-G. So far, the first instalment has reached around 11.35 lakh beneficiaries. Approximately 72,492 beneficiaries are still awaiting their first payment, and around 9.16 lakh houses are yet to be completed. The state aims to complete these constructions efficiently once the pending funds are released.

PMAY-G remains a flagship programme of the Central government to provide affordable housing in rural areas. Delays in fund release and administrative setup have affected the programme's pace in Bihar, prompting the state's appeal to the Centre.

Source PTI

FAQ

Q1. What is the latest update on Bihar's PMAY-G fund request?

Bihar has formally requested the Central government to release a pending INR 3,000 crore under the Pradhan Mantri Awas Yojna Gramin (PMAY-G) to expedite rural housing construction. Rural Development Minister Sharwan Kumar highlighted that while INR 91 crore was released recently, distribution was delayed due to the absence of an operational Single Nodal Agency (SNA) account.

Q2. Why is the Single Nodal Agency (SNA) account important?

The SNA system, introduced in 2021, ensures efficient and transparent fund transfer for centrally sponsored schemes. Once operational, PMAY-G funds are routed directly to beneficiaries accounts via PFMS AwaasSoft. Bihar is currently establishing its SNA account to streamline disbursement of the pending INR 3,000 crore.

Q3. How many beneficiaries are awaiting payments under PMAY-G in Bihar?

Bihar has approval to construct over 12.08 lakh pucca houses under PMAY-G. The first instalment has reached around 11.35 lakh beneficiaries, leaving approximately 72,492 still awaiting their first payment. Around 9.16 lakh houses are yet to be completed.

Q4. What impact do fund delays have on the programme?

Delays in fund release and administrative setup have slowed construction under PMAY-G in Bihar. Prompt release of pending funds will allow the state to directly transfer payments to beneficiaries and accelerate completion of approved houses before March 31, 2026.

Q5. Why is PMAY-G significant?

PMAY-G is a flagship Central government scheme aimed at providing affordable housing in rural areas. Timely fund disbursal ensures rural beneficiaries can access their entitled support, improving living conditions and advancing housing targets efficiently.

Have something to say? Post your comment