Introduction: The Hybrid Annuity Model (HAM) is a Public-Private Partnership (PPP) model introduced by the Government of India in 2016. It aims to address the funding challenges in infrastructure development, particularly in the road sector. HAM combines elements of two existing models: Engineering, Procurement, and Construction (EPC): Under EPC, the …

Scheme Overview: Launched: Union Budget 2022-23 (ongoing till 2025-26) Target: Border villages along the northern borders of India (Himachal Pradesh, Uttarakhand, Sikkim, Arunachal Pradesh, Ladakh) Focus: Comprehensive development of these villages to improve living standards and curb outmigration. Funding: Centrally Sponsored Scheme with a budget of ₹4,800 crores. Key Objectives: …

Introduction: The Pradhan Mantri Awas Yojana (PMAY), also known as “Housing for All” mission, is a flagship initiative launched by the Government of India in 2015. It aims to achieve the ambitious goal of “Housing for All by 2022” by providing affordable housing solutions to all eligible urban and rural …