Centre to build 1 crore houses under Pradhan Mantri Awas Yojana - Grameen by 2019

Fresher targets would be set till 2022 verification and finalisation of permanent wait lists, based on Socio Economic and Caste Census 2011 data by all states and union territories.

Centre to build 1 crore houses under Pradhan Mantri Awas Yojana - Grameen by 2019
KOLKATA: In line with Prime Minister Narendra Modi's vision of Housing For All by the year 2022, Ram Kripal Yadav, the minister of state for rural development today said that the government today said that it has approved the construction of 1 crore houses with the financial implication of Rs 81,975 crore for the period of 2016-17 to 2018-19

A target of constructing one crore houses have been set for the first phase from 2016-17 to 2018-19 under Pradhan Mantri Aawas Yojana-Grameen (PMAY-G), while fresher targets would be set till 2022 verification and finalisation of permanent wait lists, based on Socio Economic and Caste Census 2011 data by all states and union territories.

"To provide technical support in achieving the targets of Housing for All a National Technical Support Agency (NTSA) for rural housing shall be set up," said Yadav.

Initiatives like availability of sufficient financial resources both in the form of budgetary support and borrowing from NABARD to meet the expenditure for construction of houses, electronic transfer of assistance under Direct Benefit Transfer (DBT) to resolve problems of delayed payments and expedite completion, inspection and geo tagging of houses through the mobile app- AwaasApp by beneficiaries to reduce delays are some of the many initiatives taken by centre for facilitation of the mission, said Yadav.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Economy › Policy › Centre to build 1 crore houses under Pradhan Mantri Awas Yojana - Grameen by 2019
Text Size:AAA
Success
This article has been saved

*

+