Pradhan Mantri Awaas Yojana (Gramin) Will Transform Rural Housing

24 Mar 2025 CW Team

The Pradhan Mantri Awaas Yojana 鈥� Gramin (PMAY-G), launched in April 2016, is spearheading affordable, dignified housing for rural India. The initiative aims to construct 295 million houses with essential amenities, with an additional 200 millionhomes sanctioned for 2024-29.

Progress So Far: 379 million homes allocated, 356 million sanctioned, and 272 million completed (as of March 2025). 60% of homes reserved for SC/ST communities, with 5% allocated to Persons with Disabilities.

Transparency & Monitoring: Geo-tagging & real-time updates track every construction phase. Multi-level inspections by government officials and Self-Help Groups (SHGs) ensure quality control. Direct Benefit Transfers (DBT) prevent leakages, ensuring secure fund disbursal.

Impact on Rural Communities: Faster completion: Construction time reduced from 314 days to 114 days (2017-18). Job creation: Boost in demand for construction materials and skilled labour. Better living standards: Increased spending on food, LPG usage, and sanitation. Health benefits: Reduced open defecation due to in-house toilets.

Infrastructure Urban

16 May 2025

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Infrastructure Urban

16 May 2025

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Infrastructure Urban

16 May 2025

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..