Lok Sabha Question No. 771 (UNSTARRED), answered on 2020-09-17
Subject: Aims and Objections of CLSS
Ministry: HOUSING AND URBAN AFFAIRS
Asked by: Rajyavardhan Singh Rathore, Giridhari Yadav

## MINISTRY OF HOUSING AND URBAN AFFAIRS

## GOVERNMENT OF INDIA LOK SABHA

UNSTARRED QUESTION NO. 771

TO BE ANSWERED ON SEPTEMBER 17, 2020

## AIMS AND OBJECTIONS OF CLSS

NO. 771.

COL. RAJYAVARDHAN RATHORE:

Will  the  Minister  of  HOUSING  AND  URBAN  AFFAIRS  be  pleased  to state:

- (a)  the  aims  and  objectives  of  the  Credit  Linked  Subsidy  Scheme (CLSS)  announced  by  the  Finance  Minister  as  a  part  of  PM's Atmanirbhar Bharat Initiative;
- (b)  the segments which are going to get benefited from this scheme;
- (c) whether the said scheme is only an extension to the pre-existing
- scheme and if so, the details thereof;
- (d) the performance of the scheme since its implementation, State-
- wise;
- (e)  the  details  of  applications  submitted  for  benefits  under  the scheme and number of applications approved and the reasons for not approving the remaining one, if any, State-wise; and
- (f)    the  number  of  people  which  are  expected  to  be  benefited  from this scheme?

## ANSWER

## THE MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF HOUSING AND URBAN AFFAIRS (SHRI HARDEEP SINGH PURI)

- (a) to  (c):  Government  of  India  launched  Credit  Linked  Subsidy Scheme  for Middle Income  Group  (CLSS  for MIG) under Pradhan Mantri Awas Yojana (Urban) with effect from 01.01.2017  to  provide  interest  subsidy  for  housing  loans  to eligible beneficiaries belonging to Middle Income Group (MIG). The  Scheme  covers  two  income  segments  in  the  MIG  viz. annual household income between Rs.6,00,001 to Rs.12,00,000

(MIG-I) and annual household income between Rs.12,00,001 to Rs.18,00,000 (MIG-II). The interest subsidy under the scheme is available  to  beneficiaries  of  MIG-I  and  MIG-II  categories  for loan  amounts  up  to  Rs.9,00,000/-  and  12,00,000/-  and  the interest subsidy is at the rate of 4% and 3%, respectively.

Under  Atmanirbhar  Bharat  initiative,  CLSS  for  MIG  has  been extended from 01.04.2020 to 31.03.2021.

- (d)  State-wise performance of the scheme is annexed.
- (e) The home  loan applications involving CLSS  subsidy are scrutinized byPrimary Lending Institutions (PLIs) at their level as  per  their  due  diligence  process  and  the  details  about number of applications received and rejected by PLIs and the reasons  for  their  rejection  are  not  reported  to  Central  Nodal Agencies (CNAs)/this Ministry.
- (f)  CLSS is a demand driven scheme and benefit is being provided to eligible beneficiaries accordingly.

*****

## State/UTwiseperformanceunder  Credit  Linked  Subsidy  Scheme  for  MIG (CLSS-MIG) ofPMAY-U sinceimplementationfor providinginterestsubsidy

| Sr. No.   | State / UT              | Number of MIG Beneficiaries   | Central Subsidy Released (Rs. in Cr.)   |
|-----------|-------------------------|-------------------------------|-----------------------------------------|
| 1         | A&N Island (UT)         | -                             | -                                       |
| 2         | Andhra Pradesh          | 18,271                        | 375.12                                  |
| 3         | Arunachal Pradesh       | 41                            | 0.89                                    |
| 4         | Assam                   | 1,103                         | 21.28                                   |
| 5         | Bihar                   | 4,950                         | 98.09                                   |
| 6         | Chandigarh (UT)         | 478                           | 10.35                                   |
| 7         | Chhattisgarh            | 4,063                         | 79.60                                   |
| 8         | Dadar Nagar Haveli & DD | 416                           | 8.28                                    |
| 9         | Delhi (NCT)             | 10,997                        | 232.62                                  |
| 10        | Goa                     | 930                           | 20.13                                   |
| 11        | Gujarat                 | 44,633                        | 953.17                                  |
| 12        | Haryana                 | 12,908                        | 256.84                                  |
| 13        | Himachal Pradesh        | 445                           | 9.08                                    |
| 14        | J&K (UT)                | 312                           | 5.07                                    |
| 15        | Jharkhand               | 5,130                         | 94.35                                   |
| 16        | Karnataka               | 40,345                        | 837.88                                  |
| 17        | Kerala                  | 3,568                         | 72.34                                   |
| 18        | Ladakh (UT)             | 14                            | 0.06                                    |
| 19        | Lakshadweep (UT)        | -                             | -                                       |
| 20        | Madhya Pradesh          | 13,969                        | 276.31                                  |
| 21        | Maharashtra             | 91,999                        | 1,996.07                                |
| 22        | Manipur                 | 16                            | 0.33                                    |
| 23        | Meghalaya               | 27                            | 0.47                                    |
| 24        | Mizoram                 | 103                           | 1.65                                    |
| 25        | Nagaland                | 11                            | 0.17                                    |
| 26        | Odisha                  | 3,530                         | 67.40                                   |
| 27        | Puducherry (UT)         | 395                           | 7.48                                    |
| 28        | Punjab                  | 8,351                         | 173.64                                  |
| 29        | Rajasthan               | 18,578                        | 368.65                                  |
| 30        | Sikkim                  | 18                            | 0.36                                    |
| 31        | Tamil Nadu              | 28,112                        | 561.97                                  |
| 32        | Telangana               | 32,862                        | 698.44                                  |
| 33        | Tripura                 | 453                           | 8.67                                    |
| 34        | Uttar Pradesh           | 43,342                        | 867.27                                  |
| 35        | Uttarakhand             | 3,758                         | 73.61                                   |
| 36        | West Bengal             | 15,500                        | 315.88                                  |
| Total     | Total                   | 4,09,628                      | 9008.84*                                |