Centre Approves 1 cr Houses under PMAY-Grameen

To complete the vision of Housing For All by 2022, the Centre has approved the construction of 1 crore houses for the period of 2016-17 to 2018-19. The minister of state for rural development, Ram Kripal Yadav also adds that there will be a target of Rs 81,975 crore as the financial support.

This goal is set for phase one under Pradhan Mantri Aawas Yojana-Grameen (PMAY-G). For the next phase till 2022, there are many applications from the permanent wait lists are pending that need to be verified and finalised.

The government is striving to make the entire construction till completion process seamless by starting various initiatives such as electronic transfer of assistance under Direct Benefit Transfer (DBT) to avoid or resolve payment delay and AwaasApp by the beneficiary to expedite completion, inspection and geo-tagging of houses on the finger-tips. The centre for facilitation of the mission can also provide financial resources in the form of budgetary support and be borrowing from NABARD.

“To provide technical support in achieving the targets of Housing for All a National Technical Support Agency (NTSA) for rural housing shall be set up,” says Yadav.

Source: ET Realty


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s