PM Awas Yojana – 365 Houses Built Per Day Instead Target of 11000

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PM Awas Yojana

PM Awas Yojana – The Hon’ble Prime Minister of India Shei Narender Modi has launched the Central Government’s ambitious scheme Pradhan Mantri Awas Yojana (PMAY) with an aim to cover two crore people by 2022, is moving very slowly. Even after two years of its launch, only 1.57 lakh housing units have been constructed.

Details of PM Awas Yojana

According to the officials, as per the target, a total number of 11,000 housing units need to be built per day. The construction so far stands at about 365 housing units per day. As per the latest progress report of the Pradhan Mantri Awas Yojana (PMAY), construction of 1,57,106 houses have been completed across the nation.

States, which have scored better on the construction of houses under PM Awas Yojana (PMAY), are as follows –

  • Gujarat (37,135)
  • Karnataka (20,512)
  • Maharashtra (11,503)
  • Rajasthan (12,012)
  • Tamil Nadu (19,454)
  • West Bengal (11,077)

Meanwhile, the states among the worst performances under PM Awas Yojana are –

  • Bihar (2,659)
  • Chhattisgarh (1,970)
  • Haryana (1,070)
  • Himachal Pradesh (25)
  • Kerala (595)
  • Odisha (1,643)
  • Punjab (336)
  • Telangana (843)
  • Uttarakhand (1,338)

According to a senior MHUPA official, states have been directed speed up the process of identifying projects and submitting the proposals to the ministry. He stated that the Central government has so far approved construction of 23.92 lakh houses across the country. All these approved projects involve the Central assistance of about Rs 37,270 crore, of which about Rs 11,451 crore has been released by the Centre.

Recently, PM Modi directed the ministry to expedite the scheme using new construction technologies like 3D on the issue of slow progress was raised in a high-level meeting.

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.

Besides this, under the Credit Linked Subsidy Scheme (CLSS), EWS and LIG 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.

News Source: http://www.newindianexpress.com/thesundaystandard/2017/aug/27/365-houses-built-per-day-against-target-of-11000-bihar-lags-in-pms-housing-push-1648567.html

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