Government approves first housing project on private land under Pradhan Mantri Awas Yojana

The Union Ministry of Housing and Urban Development has approved construction of 30,000 affordable houses in Maharashtra’s Sholapur district for the urban poor on private land under Pradhan Mantri Awas Yojana (Urban).
It was approved by an Inter-ministerial Central Sanctioning and Monitoring Committee (CSMC), chaired by HUA Secretary. It is first such project to be taken up on private land under PMAY(U). Earlier the approved projects for affordable housing projects were built on lands belonging to the state government or municipal corporations.
The approval of this first housing project on private land is expected to trigger more such projects on private lands under the Affordable Housing in Partnership (AHP) component of PMAY(U). The State Level Sanctioning and Monitoring Committee (SLSMC), set up under PMAY(U), will oversee the implementation of the project.

Background

Raynagar Cooperative Housing Federation, Sholapur had submitted the project proposal to build 30,000 houses for its members comprising beedi and textile workers and other urban poor belonging to the Economically Weaker Sections (EWS) under PMAY(U). State Government due examination had accepted the project proposal and forwarded it to the Centre.

Pradhan Mantri Awas Yojana (Urban)

PMAY(U) provide houses to all poor by 2022. Its objective is to construct two crore houses across the nation. It covers the entire urban area consisting of 4041 statutory towns with initial focus on 500 Class I cities. Intended beneficiaries of the scheme are Poor people (BPL) and People living under EWS and LIG (Low income Group) categories in urban establishments of the country. It also targets people living under MIG (middle income Group).

Month: Current Affairs - July, 2017