2.6-m lakh more affordable houses to be built

2.6-m lakh more affordable houses to be built

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Ministry of Housing & Urban Affairs has approved the construction of 2,67,546 more affordable houses for the benefit of urban poor under Pradhan Mantri Awas Yojana (Urban). The approval was given in the 36th meeting of the Central Sanctioning and Monitoring Committee in its meeting held in Delhi yesterday.

Madhya Pradesh has been sanctioned 59,421 houses while the sanction for Gujarat is 55,296 affordable houses.  The number of houses sanctioned for Maharashtra is 52,935, Uttar Pradesh 36,370 houses, West Bengal 26,604 houses and Bihar 15,924 houses.  Approvals given for Rajasthan stands at 8,600 houses while Chhattisgarh has been sanctioned 7,961 houses.  Punjab has been sanctioned 2,442 houses while the sanction for Uttarakhand is 1,993 houses.

With the above proposed houses, cumulative houses under PMAY (U) after subsuming projects of RAY scheme the total number of houses being funded under PMAY (Urban) would be 53,74,306 houses.

Pradhan Mantri Awas Yojana (Urban) is being implemented during 2015-2022 and provides central assistance to Urban Local Bodies (ULBs) and other implementing agencies through States/UTs for:

  • In-situ Rehabilitation of existing slum dwellers using land as a resource through private participation
  • Credit Linked Subsidy
  • Affordable Housing in Partnership
  • Subsidy for beneficiary-led individual house construction/enhancement
  • Credit linked subsidy component is being implemented as a Central Sector Scheme while other three components as Centrally Sponsored Scheme