Odisha Government approves Housing for All policy in urban areas

Odisha government has approved a new policy for ‘Housing for All’ in urban areas of state.
The new policy was approval of the State Cabinet meeting chaired by Chief Minister Naveen Patnaik in Bhubaneswar.
Key facts

• The policy aims to work towards strategies for creating a steady supply of affordable housing stock in order to cater to the growing demands.
• It envisages provisions enabling framework for implementation of affordable housing projects, redevelopment and slum rehabilitation projects in order to facilitate development of housing schemes in urban areas.
• People belonging to Low Income Group (LIG) and Economically Weaker Sections (EWS) would benefit from the policy.

Month: Current Affairs - August, 2015