India Plans to Make Affordable Houses for Urban Poor
India’s Ministry of Housing & Urban Poverty Alleviation said today that it has approved construction of 84,460 more affordable houses for urban poor.
The house will be made under Pradhan Mantri Awas Yojana (PMAY-Urban) in five States with a total investment of Rs. 3,073 cr (approximately US $450 million) for which Central Assistance of Rs. 1,256 cr has been approved.
To be built under the ‘Beneficiary Led Construction’ component of PMAY (Urban), West Bengal has been sanctioned 47,379 houses with an investment of Rs. 1,918 cr for which Central Assistance of Rs. 711 cr has been approved.
Punjab got 15,209 houses sanctioned with an investment of Rs. 424 cr and Central Assistance of Rs. 217 cr.
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Jharkhand has been sanctioned 12,814 houses at a total cost of Rs. 464 cr with Central Assistance of Rs. 192 cr.
Kerala got 5,968 houses with an investment of Rs. 179 cr for which Central Assistance of Rs. 89 cr has been approved.
Manipur, for the first time, has got 3,090 houses approved for construction with a total investment of Rs. 88 cr with Central Assistance of Rs. 46 cr.
According to the government, each eligible beneficiary belonging to ‘Economically Weaker Sections’ is provided Central Assistance of Rs. 1.50 lakh for expansion / upgradation of existing house as per the guidelines.
With these latest approvals, a total of 10,95,804 affordable houses have been approved during the last one year under PMAY (Urban) with a total investment of Rs. 62,740 cr for which Central Assistance of Rs.16,289 cr has been approved.
