Pradhan Mantri Awas Yojana - Urban (PMAY-U)

26-08-2023

11:59 AM

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Pradhan Mantri Awas Yojana - Urban (PMAY-U) Blog Image

Overview:

In the Pradhan Mantri Awas Yojana - Urban (PMAY-U) awards 2021, Uttar Pradesh bagged the first position followed by Madhya Pradesh and Tamil Nadu at second and third place, respectively. Gujarat won five special category awards.

About Pradhan Mantri Awas Yojana - Urban (PMAY-U):

  • Implementation: 
    • The Mission will be implemented during 2015-2022.
    • It is implemented by the Union Ministry of Housing and Urban Affairs (MoHUA).
  • Mission:To achieve the goal of Housing for All in Urban areas by 2022, when the Nation completes 75 years of its Independence.
  • Features:Under it, central assistance will be provided to Urban Local Bodies (ULBs) and other implementing agencies through States/UTs for:
    • In-situ Rehabilitation of existing slum dwellers using land as a resource through private participation
    • Credit Linked Subsidy
    • Affordable Housing in Partnership
    • Subsidy for Beneficiary-led individual house construction/enhancement.
  • Funding:Credit linked subsidy component will be implemented as a Central Sector Scheme while other three components will be implemented as Centrally Sponsored Scheme (CSS).
  • Eligibility:All statutory towns as per Census 2011 and towns notified subsequently would be eligible for coverage under the Mission.

 


Source : The Hindu