Pradhan Mantri Awas Yojana- Urban

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    Recently,the Ministry of Housing and Urban Affairs (MoHUA) has approved 708 proposals for construction of 3.61 lakh houses under Pradhan Mantri Awas Yojana – Urban (PMAY-U).

    About 

    • With this, the total number of sanctioned houses under PMAY(U) is now 112.4 lakh and so far, 82.5 lakh have been grounded for construction of which 48.31 lakh have been completed/delivered. 
    • Apart from this, ‘PMAY-U Awards 2021 – 100 Days Challenge’ was also launched .
      • The awards are given to recognise the outstanding contribution and performances by States, Union Territories (UTs), Urban Local Bodies (ULBs) and beneficiaries for successful implementation of the Mission.

     

    Pradhan Mantri Awas Yojana – Urban(PMAY-U)

    • It is a flagship Mission of Government of India being implemented by the Ministry of Housing and Urban Affairs (MoHUA).
    • It was launched on 25th June 2015 and addresses urban housing shortage among the EWS/LIG and MIG categories including the slum dwellers by ensuring a pucca house to all eligible urban households by the year 2022, when Nation completes 75 years of its Independence.
    • PMAY(U) adopts a demand driven approach wherein the Housing shortage is decided based on demand assessment by States/Union Territories
    • Coverage:  
    • The Mission covers the entire urban area consisting of Statutory Towns, Notified Planning Areas, Development Authorities, Special Area Development Authorities, Industrial Development Authorities or any such authority under State legislation which is entrusted with the functions of urban planning & regulations. 

                                                                                                                                                    Image Courtesy :pmay-urban.gov.in

    • Features 
      • All houses under PMAY(U) have basic amenities like toilets, water supply, electricity and kitchen.
    • The Mission promotes women empowerment by providing the ownership of houses in the name of female members or in joint name.
    • Preference is also given to differently abled persons, senior citizens, SCs, STs, OBCs, Minority, single women, transgender and other weaker & vulnerable sections of the society. 
    • A PMAY(U) house ensures dignified living along with a sense of security and pride of ownership to the beneficiaries.
    • COVID-19 pandemic has resulted in reverse migration of urban migrants/ poor in the country. Urban migrants stay in slums/ informal settlements/ unauthorised colonies/ peri-urban areas to save cost on housing.
      • Therefore, The Ministry of Housing & Urban Affairs has initiated Affordable Rental Housing Complexes (ARHCs), a sub-scheme under Pradhan Mantri Awas Yojana – Urban (PMAY-U). 
    • This will provide ease of living to urban migrants/ poor in the Industrial Sector as well as in a non-formal urban economy to get access to dignified affordable rental housing close to their workplace. 
    • Components
      • The scheme has hence been divided into four verticals as given below:

                                             

                     Image Courtesy:pmay-urban.gov.in

     

    •  In-situ Slum Redevelopment (ISSR)
    • Central Assistance of Rs. 1 lakh per house is admissible for all houses built for eligible slum dwellers under the component of ISSR using land as Resource with participation of private developers. 
    • Credit Linked Subsidy Scheme (CLSS):
      • Beneficiaries of Economically Weaker Section (EWS)/Low Income Group (LIG), Middle Income Group (MIG)-I and Middle Income Group (MIG)-II seeking housing loans from Banks, Housing Finance Companies and other such institutions for acquiring, new construction or enhancement* houses are eligible for an interest subsidy of 6.5%, 4% and 3% on loan amount upto Rs. 6 Lakh, Rs. 9 Lakh and Rs. 12 Lakh respectively. 
    • Affordable Housing in Partnership (AHP):
      • Under AHP, Central Assistance of Rs. 1.5 Lakh per EWS house is provided by the Government of India. 
      • An affordable housing project can be a mix of houses for different categories but it will be eligible for Central Assistance, if at least 35% of the houses in the project are for the EWS category. 
    • Beneficiary-led Individual House Construction/ Enhancement (BLC-N/ BLC-E)
      • Central Assistance upto Rs. 1.5 lakh per EWS house is provided to eligible families belonging to EWS categories for individual house construction/ enhancement. 
      • The Urban Local Bodies validate the information and building plan submitted by the beneficiary so that ownership of land and other details like economic status and eligibility can be ascertained. 

    Source :TH