What Is The Mo Ghara Scheme?

Mo Ghara Scheme – Empowering Rural Odisha

A remarkable step towards empowering the socially and economically weaker sections of society, the Odisha government has unveiled the Mo Ghara Yojana. Under the leadership of Chief Minister Sri Naveen Patnaik, the scheme was launched on May 29, 2023. 

The yojana seeks to offer credit-linked financial assistance to families and people who have been turned away from current housing programs. The reason behind being eligibility requirements or lack of financing. When it comes to meeting the expectations of lower- and lower-middle-class households in rural Odisha for better housing and living conditions, this imaginative effort offers a ray of hope.

What is Mo Ghara Scheme?

The Mo Ghara Scheme sometimes referred to as “My Home,” attempts to improve the quality of life for rural impoverished people by transforming kutcha dwellings into pucca ones. The program, which would get Rs 2,150 crore over two years, represents the state government’s dedication to equitable growth and socioeconomic reform.

Objectives and Features

Mo Ghara Scheme is intended to assist families who have been turned away from housing programs due to insufficient funding or eligibility rules. Additionally, it provides aid to those who seek to improve or enlarge their homes but have previously received housing assistance of a lower value.

 Beneficiaries of the credit-linked housing program, which is entirely funded by the state budget, can access up to Rs 3 lakh for their housing requirements. With a one-year initial moratorium term, this loan can be repaid over ten years in installments.

The state government’s subsidy is only released when the house is completed, ensuring the scheme’s efficiency. Four loan slabs with varied degrees of subsidy make up the distribution of the financial aid. Beneficiaries who fall under the SC/ST category and have special needs will receive an additional subsidy.

 Releasing capital subsidies to the loan accounts of the program’s recipients, not only supports the development of affordable homes but also lessens their financial burden.

Mo Ghara Subsidy Amount

LOAN AMOUNT	GENERAL CATEGORY	SC/ST & PWD CATEGORY
Rs 1lac	Rs. 30,000	Rs. 40,000
Rs 1.50lac	Rs. 45,000	Rs. 55,000
Rs 2lac	Rs. 60,000	Rs. 70,000
Rs 3lac	Rs. 60,000	Rs. 70,000

• The scheme offers financial benefits and an additional subsidy of Rs. 10,000 for SC/ST and PWD families
• Banks have been told not to impose processing costs on loan recipients
• Beneficiaries’ financial burden is further decreased by the state government waiving the mandatory stamp duties and registration costs for mortgage title documents.
  

Eligibility Criteria of People for Mo Ghara Scheme

Except under the following circumstances, all rural households in Odisha are eligible for the program:

• Households with RCC roofing on pucca houses with two or more rooms
• Families that have previously received housing assistance from a rural housing program totaling at least Rs. 70,000
• Households making at least Rs. 25,000 each month
• Individuals with their motorised four-wheel vehicles
• Families with members who work for a public utility and receive a monthly pension from that organization
• Those that own at least 5 acres of irrigated property or 15 acres of unimproved land, whichever is more

Required Documents for the Mo Ghara Scheme 2023

• Voter ID cards or Aadhaar cards like identification proof.
• a photo the size of a passport.
• Address Proof.
• Authentic Certificate.
• Certificate of Residence.
• EWS Certificate (Economically Weaker Section).
• BPL Certificate (Below Poverty Line).

Bottom Line

The Mo Ghara Scheme demonstrates Odisha’s dedication to improving people’s lives. It improves circumstances and stimulates socio-economic progress by providing housing assistance to rural families. It improves lives with inclusivity, accessibility, and empowerment, advancing Odisha.

Mo Ghara serves as a model for good administration and welfare while empowering rural Odisha. It addresses housing needs while exemplifying diversity and social justice, spurring change across the country.