365 units built per day against target of 11,000 under Housing for all scheme

Prime Minister Narendra Modi’s ‘Housing for All’ scheme, aiming to cover two crore people by 2022, is moving at a snail’s pace.

Published: 28th August 2017 08:08 AM  |   Last Updated: 28th August 2017 08:08 AM   |  A+A-

Prime Minister Narendra Modi’s ‘Housing for All’ scheme, aims to cover two crore people by 2022. (File | PTI)

Prime Minister Narendra Modi’s ‘Housing for All’ scheme, aims to cover two crore people by 2022. (File | PTI)

Express News Service

NEW DELHI: Prime Minister Narendra Modi’s ‘Housing for All’ scheme, aiming to cover two crore people by 2022, is moving at a snail’s pace. Even after two years of its launch, only 1.57 lakh houses have been built.

According to the latest progress report of the Pradhan Mantri Awas Yojana (PMAY), construction of 1,57,106 houses have been completed across the country.

States, which have scored better on the construction of houses under the Pradhan Mantri Awas Yojana (PMAY), are Gujarat (37,135), Karnataka (20,512), Maharashtra (11,503), Rajasthan (12,012), Tamil Nadu (19,454), and West Bengal (11,077).

Meanwhile, Bihar (2,659), Chhattisgarh (1,970), Haryana (1,070), Himachal Pradesh (25), Kerala (595), Odisha (1,643), Punjab (336), Telangana (843), and Uttarakhand (1,338) are among the worst performers.

A senior official of the Ministry of Housing And Urban Affairs said states have been told to speed up the process of identifying projects and submitting the proposals to the ministry.

“The Centre has so far approved construction of 23.92 lakh houses across the country. All these approved projects involve Central assistance of about Rs 37,270 crore, of which about Rs 11,451 crore has been released by the Centre,” added the official.

The issue of slow progress was raised recently in a high-level meeting chaired by the PM.  

The ministry asked the National Housing Bank (NHB), HUDCO and public sector banks to pro-actively promote credit-linked subsidy (CLSS) component of PMAY (Urban) to meet the target.

Under CLSS, economically weaker sections and lower income group beneficiaries are extended interest subsidy of 6.5 per cent, 4 per cent for middle income group, with an annual income of Rs 6 lakh to Rs 12 lakh on a 20-year loan of Rs 9 lakh and 3 per cent interest subsidy for MIG with an annual income of Rs 12-18 lakh on a loan of Rs 12 lakh.

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