Cabinet Extends Pradhan Mantri Gram Sadak Yojana III Till 2028 With ₹83,977 Crore Outlay
Union Cabinet chaired by Honorable Prime Minister of India Narendra Modi has approved the extension of the Pradhan Mantri Gram Sadak Yojana-III (PMGSY-III) till the March 2028. With the revised outlay of ₹83,977 crore this scheme aims to strengthen rural connectivity by upgrading roads connectivity and link villages to markets, schools and the healthcare facilities.
The extension of the Pradhan Mantri Gram Sadak Yojana (PMGSY-III) will ensuring to complete the rural infrastructure in India and boost the economy and the connectivity.
Also the cabinet has signaled to increase in the budget from ₹80,250 crore to ₹83,977 crore.
The revised timeline includes completion of,
PMGSY-III primarily focuses on to the upgrade through routes and major rural links and which are crucial for connecting rural areas to the key service centers.
These roads aim to link villages with the,
Good road connectivity plays the important role in the rural economy. With the proper road structure farmers and small businesses can access the markets more efficiently, reducing transportation costs and increasing profitability.
The extension of PMGSY-III is expected to,
Facilitate the smoother movement of agricultural and non-farm goods, reduce travel time and improve the supply chain efficiency in rural areas.
This in return will lead to higher incomes for rural households and will stimulate the local economic growth.
The extension of the scheme aligns with India’s long-term development goals which includes the vision of Viksit Bharat 2047 and it aims to transform the India into a developed nation.
By strengthening the rural infrastructure the government is laying the foundation for,
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