Union Housing and Urban Affairs Ministry, in its recent meeting, approved the construction of 3,10,597 more affordable houses for the benefit of urban poor under Pradhan Mantri Awas Yojana (Urban).
About:
Implementation period: The Mission will be implemented during 2015-2022.
Mission: To achieve the goal of Housing for All in Urban areas by 2022, when the Nation completes 75 years of its Independence.
Features: Under it, central assistance will be provided 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.
Funding: Credit linked subsidy component will be implemented as a Central Sector Scheme while other three components will be implemented as Centrally Sponsored Scheme (CSS).
Eligibility: All statutory towns as per Census 2011 and towns notified subsequently would be eligible for coverage under the Mission.
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