NHB Sanctioned Rs 3000 Crore Under Credit-Linked Subsidy Of PMAY

Under the PMAY (U) Credit Linked Subsidy Scheme, NHB has disbursed Rs 3,018 crore against 140,943 units. Under the EWS/LIG scheme, we have disbursed Rs 2,436 crore against 113,081 units and under the MIG scheme, we have disbursed Rs 582 crore against 27,862 units.

1
17

NHB Sanctioned Rs 3000 Crore Under Credit-Linked Subsidy Of PMAY

National Housing Bank (NHB) has sanctioned around Rs 3,018 crore under the Credit-Linked Subsidy Scheme (CLSS) of the Pradhan Mantri Awas Yojana (PMAY), MD and CEO of the bank, said on Thursday.

Read Also: After 3 Years Of PMAY Uttarakhand Has No House Under The Scheme

The CLSS is aimed at benefiting people belonging to the Economically Weaker Section (EWS), Low-Income Group (LIG), Middle-Income Group-I (MIG-I), and Middle-Income Group-II (MIG-II) by providing interest subsidy on the purchase or construction of a house.

Read Also: Government Identified 2.25 Lakh Haryana PMAY Beneficiaries

Speaking at a conference on housing finance for all, organised by Assocham, the NHB head said, under the PMAY (U) Credit-Linked Subsidy Scheme, NHB has disbursed Rs 3,018 crore against 140,943 units. Under the EWS/LIG scheme, we have disbursed Rs 2,436 crore against 113,081 units and under the MIG scheme, we have disbursed Rs 582 crore against 27,862 units.

He described the amount sanctioned so far as “by far the highest in any scheme in independent India.”

Read Also: MHADA To Approach Private Landowners To Raise Houses Under PMAY

Regarding the demands of amendments in PMAY for the middle-income groups, he said the government and the nodal housing bank are ready to consider suggestions on the same.

Under the MIG (middle-income group) we have already made two or three changes. So, if there is a feedback and there is an opportunity, it would definitely be considered.”

Read Also: Maharashtra To Get 10,600 More Homes Under PMAY, After Centre’s Nod

He also said out of the 44.35 lakh houses sanctioned by the housing ministry for urban areas under PMAY, work has started on 22 lakh houses.

Source Link- https://economictimes.indiatimes.com/

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here