PMAY-Urban: Centre approves construction of 168,000 houses

The government has approved the construction of over 1.68 lakh (168,000) houses in urban areas under the Pradhan Mantri Awas Yojana, taking the total number of houses sanctioned so far to 1.1 crore (11 million), according to a statement.

The Union Housing and Urban Affairs Ministry said that the decision was taken at a meeting of the Central Sanctioning and Monitoring Committee (CSMC) where officials from 14 states and union territories participated.

Key Highlights

• The statement said that the houses sanctioned by the CSMC are proposed to be constructed in verticals like beneficiary-led construction, affordable housing in partnership and in-situ slum redevelopment under the PMAY (Urban).

• Under PMAY-U, 41 lakh houses have been completed so far while construction is in various stages in more than 70 lakh houses

• The PMAY(U), launched by Prime Minister Narendra Modi in June 2015, aims to ensure “Housing for all by 2022”. The government has set a target of 1.12 crore houses to be constructed in urban areas in the country over a period of seven years from 2015 to 2022.

• “The progress under the Mission (PMAY-U) has been steady. We have to move towards completion of houses with all the basic physical and social infrastructure,” Ministry Secretary Durga Shanker Mishra was quoted as saying in a statement.

• This was the second CSMC meeting during the COVID-19 pandemic. The ministry has already announced its commitment to provide permanent houses to all eligible beneficiaries of urban India by 2022.

SOURCE: Business Standard

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