NEW DELHI: Ministry of Housing and Urban Poverty Alleviation has sanctioned 1,00,537 more houses for urban poor under Pradhan Mantri Awas Yojana (Urban) with an investment of Rs 4,200 cr taking the total investment so far approved to Rs1,00,466 cr.
This is 307% more than the approved investment of Rs32,713 cr during 2004-14 for affordable housing in urban areas.With the latest sanctions, the Ministry has so far approved construction of 18,75,389 houses for Economically Weaker Sections under PMAY(Urban) in 2,151 cities and towns in 34 states/UTs as against 13.80 lakh houses sanc-tioned during 2004-15 with an approved investment of Rs.32,009 cr.
The total investment approved so far includes central assistance of Rs29,409 cr, assistance from State Governments and beneficiary contribution.In the latest sanctions, Madhya Pradesh got 57,131 houses, Tamil Nadu-24,576, Manipur-6,231, Chattisgarh-4,898, Gu-jarat-4,261, Assam-2,389, Kerala-643, Jharkhand-331 and Daman & Diu-77.
Of the total houses so far sanctioned, 10,65,058 were under the Beneficiary Led Construction component of PMAY(Urban) wherein beneficiaries undertake new construction or enhancement of existing houses for which central assis-tance of Rs1.50 lakh each is provided. 5,87,115 have been sanctioned under Affordable Housing in Partnership under which state governments provide land/financial assistance for housing projects for which central assistance of Rs1.50 lakh each is given per beneficiary.
Source: The People’s Chronicle