Uttar Pradesh to get 70,784 Affordable Houses under PMAY
Uttar Pradesh has received the largest share in the pie (70, 784) followed by Karnataka (56, 281) under Pradhan Mantri Awas Yojana (Urban), over 21 Lakh affordable houses have been sanctioned so far.
The two Central Nodal Agencies NHB and HUDCO- to prepare action plans to ensure that the mission target is met under Credit Linked Subsidy Scheme (CLSS) component of PMAY (Urban). At least two Lakh MIG beneficiaries to be identified by December this year.
Out of the total 21 Lakh affordable houses sanctioned under PMAY (Urban) so far, 43,166 Economical Weaker Section (EWS) and Lower Income Group (LIG) beneficiaries have been disbursed interest subsidy of Rs 824 crore.
A beneficiary is defined as:
- A family comprising of husband, wife and unmarried children
- Beneficiary should not own a pucca house either in their name or in the name of any member of their family in any part of India to receive central assistance under the Mission
- Meeting income criteria defined under the scheme.
CLSS for MIG ends by December this year. Government has extended the CLSS, a component of PMAY (Urban), to MIG with annual income of Rs 12-18 Lakh, under which Interest Subsidy of four percent and three percent on housing loans will be provided.
Ministry of Housing & Urban Poverty Alleviation (MHUPA) has approved construction of 70, 784 affordable houses for the benefit of urban poor in Uttar Pradesh under the PMAY (Urban).
UP has sent affordable housing proposals for 145 cities and the same have been approved. Earlier, Uttar Pradesh has been sanctioned 41,954 houses including those approved under Rajiv Awas Yojana, which has been now subsumed under PMAY (Urban). With these latest approvals, the total number of houses sanctioned for Uttar Pradesh has increased to 1,12,738.
Karnataka has been sanctioned 56,281 more affordable houses for 93 cities and towns with an investment of Rs 2,950 crore and Central assistance of Rs 844 crore.
For the first time, Andaman & Nicobar Islands has been sanctioned 609 houses for Port Blair with an investment of Rs 54 crore and central assistance of Rs 9 crore.