Centre approves continuation of Pradhan Mantri Awas Yojana-City as much as Dec 2024


The Union Cupboard authorized the proposal of the Ministry of Housing and City Affairs (MoHUA) for the continuation of Pradhan Mantri Awas Yojana-City (-U) as much as 31 December 31, 2024, stated officers on Wednesday. As in line with the proposal, monetary help is to be supplied for the crowning glory of already sanctioned 122.69 lakh homes until March 31, 2022.

PMAY-U: Housing for All is likely one of the primary flagship programmes being applied through Executive of India to supply all climate pucca homes to all eligible beneficiaries within the city spaces of the rustic via States/UTs/Central Nodal Companies. The scheme covers all the city space of the rustic, i.e., all statutory cities as in line with Census 2011 and cities notified due to this fact, together with Notified Making plans/ Building Spaces. The scheme is being applied via 4 verticals: Beneficiary Led Development/ Enhancement (BLC), Inexpensive Housing in Partnership (AHP), In-situ Slum Redevelopment (ISSR) and Credit score Related Subsidy Scheme (CLSS). Whilst Executive of India supplies monetary help, State Executive/UTs put into effect the scheme together with number of beneficiaries.

Throughout the length of 2004-2014, 8.04 lakh homes had been finished beneath City Housing Scheme. Underneath the Modi Executive, the problem of offering homes to all eligible City dwellers in saturation mode used to be introduced into focal point and the scheme of PMAY-City used to be conceptualised. In 2017, the unique projected call for used to be 100 lakh homes. By contrast authentic projected call for, 102 lakh homes were grounded/beneath development. Additional, out of those 62 lakh homes were finished. Out of the overall sanctioned 123 lakh homes, the proposals of 40 lakh homes had been won past due (all the way through final 2 years of scheme) from the States/UTs which require every other two years to finish them. Subsequently, according to the requests from the States/UTs, Union Cupboard made up our minds to increase the implementation length of PMAY-U until 31.12.2024.

Central Help authorized since 2015 is Rs. 2.03 lakh crore towards Rs. 20,000 crore in 2004-2014.Upto 31 March 2022, Central Help/subsidy of 1,18,020.46 crore has already been launched and 85,406 crore might be launched as Central Help/subsidy until thirty first December 2024.

The continuation of the scheme according to the request of States/UTs upto 31 December 2024 will lend a hand in crowning glory of already sanctioned homes beneath BLC, AHP & ISSR verticals.

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