Pradhan Mantri Awas Yojana Odisha – Housing For All (HFA) by 2022 is one of the most awaited affordable housing projects of Central government which was launched for providing housing for all urban and rural poor people across the country.
PM Awas Yojana Credit Linked Subsidy Scheme
The PM Awas Yojana Credit Linked Subsidy Scheme provides subsidy on home loans for EWS and LIG categories under Pradhan Mantri Awas Yojana. The scheme was announced by our Honourable Prime Minister Narendra Modi and envisages the vision of housing for all by the year 2022.
PM Awas Yojana – HFA
According to a report, the pure-play affordable housing finance companies are poised to grow at a CAGR of 40 percent over the next four years, mainly on the back of the initiatives taken by the government to give a boost to the sector under its housing for all by 2022 program.
PMAY Credit Linked Subsidy Scheme (CLSS)
PM Awas Yojana (Urban), an ambitious program of the Indian Government is providing subsidy on home loans to Middle Income Group (MIG) other than Economically Weaker Section (EWS) & Low Income Groups (LIG) under the Credit Linked Subsidy Scheme (CLSS). Under CLSS for MIG, housing loan subsidy of up to Rs. 2.30 Lakh is being provided on home loans taken in 2017 by the people belonging to MIG Section of the society.
The Central Government has sanctioned construction of one lakh more affordable housing units for the urban poor under the Central Government’s ambitious initiative ‘PM Awas Yojana’. It will invest Rs 4,200 crore on this.
Monitoring of Houses Under PM Awas Yojana
The Monitoring of the houses comes under PM Awas Yojana will be online. For this, the Central Government has made an ‘Awaas App’ Software. Through this, the complete monitoring of the construction of the housing could be done.
Atal Pension Yojana is one of the most awaited schemes of central government This is an old age pension scheme which was launched by the Prime Minister Narendra Modi on 9 of May Year 2015 in Kolkata. This scheme was launched under the name of our ex-Prime Minister Atal Bihar Vajpayee.
Pradhan Mantri Jan Dhan Yojana (PMJDY)
Pradhan Mantri Jan Dhan Yojana (PMJDY):- India is facing poverty from many years. If we exclude people who are below the poverty line will affect the growth and development of the country. It was necessary to start a project which will empower the citizens financially and can take the benefits of growth and development.