How much did the Centre allocated for Pradhan Mantri Gram Sadak Yojana-lll (PMGSY-III)?

PM led-Cabinet Committee on Economic Affairs (CCEA) approved for the launch of Pradhan Mantri Gram Sadak Yojana-lll (PMGSY-III). It involves consolidation of through Routes and Major Rural Links connecting habitations to Gramin Agricultural Markets (GrAMs) to consolidate 125,000 Km road length in the states. The project will be implemented from 2019-20 to 2024-25. The states will have to sign a Memorandum of Understanding (MoU) before launching of PMGSY-III in the respective states. This agreement is for providing adequate funds for maintenance of roads constructed under PMGSY post 5-year construction maintenance period. The estimated cost of Rs.80,250 crore. The funds would be shared in the ratio of 60:40 between the Centre and state for all states except for eight north eastern and three Himalayan states.