Beneficiaries will occupy PMAY(U) houses by 2021: Puri
The HinduAll the 1.12 crore houses being constructed under the Pradhan Mantri Awas Yojana will be occupied by beneficiaries by early 2021, Union Housing and Urban Affairs Minister Hardeep Singh Puri has said. The minister said the government has so far sanctioned around 90 lakh houses which are being funded by the ministry and the number will go up to 1.12 crore houses in six months, a target set under the PMAY. PMAY has four components - ‘Credit Linked Subsidy Scheme ’, In-Situ Slum Redevelopment, Affordable Housing in Partnership and Beneficiary Led Construction under which ministry provides central assistance to beneficiaries to construct their own houses. Mr. Puri said the government has so far released ₹18,458 crore credit-linked subsidy to around 7.18 lakh beneficiaries.