Centre Clears 52,319 more Construction under PMAY

Expanding the boundary of Pradhan Mantri Awas Yojana (PMAY), the Ministry of Housing and Urban Poverty has approved construction of 52,319 more homes for the urban poor with an investment of Rs 2,946 crore and Rs 778 crore from the Central government, as confirmed by an official spokesperson.

The total number of homes also include 11,286 houses in poll-bound Uttar Pradesh. The homes will be built across 34 towns with a total investment of Rs 384 crore and the Central assistance of Rs 160 crore. These constructions are proposed under the Beneficiary-Led Construction component of the scheme where the Centre provides monetary assistance with a total of Rs 1.5 lakh each to construct new houses on their land or improve existing houses.

Besides Uttar Pradesh, there will be total of 25,097 houses in Madhya Pradesh, 8,941 in Chattisgarh, 3,805 in Maharashtra, 2,422 in Nagaland and 720 in Puducherry and 48 in Daman constructed under PMAY-Urban. With this, the Centre has so far given permission to build a total of 13,43,805 houses for urban poor with an investment of Rs 72,781 crore and central assistance of Rs 19,633 crore.

Source: Economics Times

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