Government approves construction of 3.61 lakh houses under PMAY-U
During 54th meeting of Central Sanctioning and Monitoring Committee (CSMS), central government has approval 708 proposals for construction of 3.61 lakh houses under Pradhan Mantri Awas Yojana- Urban (PMAY-U).
Highlights
Meeting was attended by 13 States and UTs. All these houses will be constructed on line of ‘Beneficiary led Construction’ and ‘Affordable Housing in Partnership Verticals’. Total investment under this mission is Rs. 7.35 lakh crores out of which centre is assisting Rs. 1.81 lakh crores. So far, 96067 crores of funds have been released.
How many houses have been constructed so far?
- Total number of sanctioned houses under Pradhan Mantri Awas Yojana-Urban is 112.4 lakh.
- 5 lakh houses have been grounded for construction and
- 31 lakh have been completed or delivered so far.
Lighthouse Projects
During the meeting, Ministry of Housing and Urban Affairs laid emphasis on 6 Light House Projects (LHPs). Foundation stones for these lighthouses were laid by PM Narendra Modi in January 2021. These are being constructed at Indore, Lucknow, Rajkot, Ranchi, Agartala and Chennai.
PMAY-U Awards 2021
‘PMAY-U Awards 2021- 100 Days Challenge’ was launched to recognize and celebrate outstanding performance & contribution by Urban Local Bodies (ULBs), States and UTs for successfully implementing the mission.
Pradhan Mantri Awas Yojana-Urban
Ministry of Housing and Urban Affairs is implanting this mission which was launched in June 2015 to address the problem of shortage of urban housing, It seeks to provide pucca houses to all eligible urban households by 2022.
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Month: Current Affairs - June, 2021