The Union Cabinet, chaired by Prime Minister Narendra Modi, has extended the Pradhan Mantri Gram Sadak Yojana-III (PMGSY-III), aimed at upgrading rural road connectivity, from March 2025 to March 2028, This extension focuses on enhancing connectivity for villages to essential services like schools, hospitals & markets..
Financial Revisions intiated because
- Total Outlay Increased to ₹83,977 crore , it was up from ₹80,250 crore
- The Central Government will contribute ₹54,848 crore, with states providing ₹29,129 crore
- Maintains the 60:40 for Centre:State ratio & 90:10 for North-Eastern/hilly regions…
Project time line extends
- in Plain Areas , Completion extended to March 2028
- in Hilly areas Road completion by March 2028, with bridges extended to March 2029
- Focus on upgrading “Through Routes” & “Major Rural Links” to improve access to essential amenities
Socio-Economic Impact
- Aims to enhance farm-to-market connectivity, boosting rural incomes
- Contributes to the Viksit Bharat 2047 mission by improving infrastructure, service access, and creating jobs
- This approval aligns with other government initiatives, including a 2% DA hike and the ₹12,980 crore Bharat Maritime Insurance Pool
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