Lok Sabha Question No. 6442 (UNSTARRED), answered on 2018-04-06
Subject: NPA Housing Loans
Ministry: FINANCE
Asked by: SISIR KUMAR ADHIKARI

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES LOK SABHA

## UN-STARRED QUESTION NO. 6442 TO BE ANSWERED ON 06 th  APRIL, 2018 / CHAITRA 16, 1940 (SAKA)

## 'NPA HOUSING LOAN'

## QUESTION

## 6442. SHRI SISIR KUMAR ADHIKARI:

Will the Minister of FINANCE be pleased to state:

- (a) whether the low cost housing loans reported higher Non-Performing Assets (NPAs) during the last three years;
- (b) if so, the reasons therefor and the details of finance scheme through the Pradhan Mantri Awas Yojana (PMAY) therein; and
- (c) the  details  of  new  housing  units  launched,  completed  and  the  number  of  buyers  under  the PMAY during the last two years, State/UT-wise?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI SHIV PRATAP SHUKLA)

(a): Gross  Non-Performing  Assets  (NPA)  of  individual  housing  loans  with  Public  Sector  Banks (PSBs) and Housing Finance Companies (HFCs) during the period from 2014-15 to 2016-17 is as under:

| As on      | Gross NPAs of PSBs & HFCs (in %)   | Gross NPAs of PSBs & HFCs (in %)   | Gross NPAs of PSBs & HFCs (in %)   |
|------------|------------------------------------|------------------------------------|------------------------------------|
| As on      | upto Rs. 10 lakh                   | Rs. 10 lakh to Rs. 25 lakh         | > Rs. 25 lakh                      |
| 31.03.2015 | 1.87                               | 0.66                               | 0.50                               |
| 31.03.2016 | 2.28                               | 0.88                               | 0.60                               |
| 31.03.2017 | 2.12                               | 0.85                               | 0.88                               |

Source: National Housing Bank

(b): Government have launched the Pradhan Mantri Awas Yojana - Urban (PMAY-U) mission on 25.06.2015 with the aim of providing pucca house to the eligible beneficiaries by 2022. Under the Credit Linked Subsidy Scheme {CLSS for Economically Weaker Section (EWS)/ Low Income Group (LIG) and CLSS for Middle Income Group (MIG)} component of the PMAY-U, an interest subsidy of 6.5% for EWS / LIG, 4% for MIG-I and 3% for MIG-II, calculated on housing loan up to Rs. 6 lakh, Rs. 9 lakh and Rs. 12 lakh, respectively, over a tenure of 20 years is provided by Government.

(c): Details  of  the  houses  sanctioned,  constructed  and  occupied  during  the  last  two  years,  yearwise, under PMAY (U) are at Annexure .

*****

## Annexure referred in answer to LSUSQ No. - 6442 due for 06.04.2018

## States / UTs wise details of Houses sanctioned, completed and occupied by beneficiaries during last two years under PMAY (U)

As on 31 st  March, 2018

| S.No.         | Names of the States / UTs   | Houses Sanctioned (Nos)   | Houses Constructed (Nos)   | Houses Occupied (Nos)   |
|---------------|-----------------------------|---------------------------|----------------------------|-------------------------|
| 1.            | A&N Island (UT)             | 609                       | -                          | -                       |
| 2.            | Andhra Pradesh              | 490,698                   | 27,328                     | 2,381                   |
| 3.            | Arunachal Pradesh           | 4,557                     | 16                         | 1                       |
| 4.            | Assam                       | 69,449                    | 267                        | 262                     |
| 5.            | Bihar                       | 103,454                   | 4,195                      | 3,038                   |
| 6.            | Chandigarh (UT)             | 60                        | 60                         | 60                      |
| 7.            | Chhattisgarh                | 106,592                   | 3,058                      | 2,262                   |
| 8.            | D&N Haveli (UT)             | 3,080                     | 421                        | 421                     |
| 9.            | Daman & Diu (UT)            | 492                       | 68                         | 68                      |
| 10.           | Delhi (NCR)                 | 2,651                     | 2,651                      | 2,651                   |
| 11.           | Goa                         | 169                       | 109                        | 109                     |
| 12.           | Gujarat                     | 152,742                   | 69,804                     | 62,387                  |
| 13.           | Haryana                     | 213,275                   | 2,478                      | 2,844                   |
| 14.           | Himachal Pradesh            | 6,917                     | 215                        | 80                      |
| 15.           | Jammu & Kashmir             | 14,185                    | 154                        | 149                     |
| 16.           | Jharkhand                   | 143,275                   | 27,955                     | 3,363                   |
| 17.           | Karnataka                   | 343,056                   | 41,725                     | 21,689                  |
| 18.           | Kerala                      | 85,188                    | 3,600                      | 1,784                   |
| 19.           | Lakshdweep (UT)             | -                         | -                          | -                       |
| 20.           | Madhya Pradesh              | 415,715                   | 41,452                     | 9,301                   |
| 21.           | Maharashtra                 | 192,649                   | 36,767                     | 36,767                  |
| 22.           | Manipur                     | 26,463                    | 193                        | 115                     |
| 23.           | Meghalaya                   | 781                       | 47                         | 46                      |
| 24.           | Mizoram                     | 19,269                    | 203                        | 215                     |
| 25.           | Nagaland                    | 12,511                    | 464                        | 6                       |
| 26.           | Orissa                      | 62,632                    | 3,231                      | 1,884                   |
| 27.           | Puducherry (UT)             | 7,824                     | 58                         | 58                      |
| 28.           | Punjab                      | 44,227                    | 2,006                      | 1,558                   |
| 29.           | Rajasthan                   | 73,904                    | 11,628                     | 7,113                   |
| 30.           | Sikkim                      | 518                       | 3                          | 3                       |
| 31.           | Tamil Nadu                  | 396,352                   | 39,237                     | 14,503                  |
| 32.           | Telangana                   | 109,881                   | 3,336                      | 2,652                   |
| 33.           | Tripura                     | 75,876                    | 7,464                      | 763                     |
| 34.           | Uttar Pradesh               | 365,908                   | 9,249                      | 9,435                   |
| 35.           | Uttarakhand                 | 13,316                    | 2,490                      | 2,404                   |
| 36.           | West Bengal                 | 131,686                   | 32,506                     | 9,371                   |
| Grand Total:- | Grand Total:-               | 36,89,961                 | 3,74,438                   | 1,99,743                |

*Source: Ministry of Housing and Urban Affairs