Lok Sabha Question No. 4072 (UNSTARRED), answered on 2019-12-12
Subject: Release of Funds under PMAY
Ministry: HOUSING AND URBAN AFFAIRS
Asked by: Ganesh Singh

## GOVERNMENT OF INDIA

## MINISTRY OF HOUSING AND URBAN AFFAIRS LOK SABHA

## UNSTARRED QUESTION NO. 4072 TO BE ANSWERED ON DECEMBER 12, 2019 RELEASE OF FUNDS UNDER PMAY

- NO. 4072. SHRI GANESH SINGH: Will the Minister of HOUSING AND URBAN AFFAIRS be pleased to state:
- (a) the salient features of the Pradhan Mantri Awas Yojana (PMAY);
- (b) whether amount of Rs. 1.50 lakh per home is provided under the
- Centrally sponsored scheme;, PMAY-Urban;
- (c) if so, whether this amount is received in three instalments in the ratio of 40.40.20 and if SO, the details thereof;
- (d) whether it is the policy of the Government to release the amount of
- each instalment only after completion of the project and if so, the details thereof;
- (e) whether because of incompletion of all the houses under PMAY, the third instalment is not released even for the completed houses; and
- if so, whether approximately two Iakh houses have been completed in Madhya Pradesh but the third instalment has not been released and if sO, the reasons therefor? yet

## ANSWER

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

- (a) & (b) The Government of India is implementing the Pradhan Mantri Awas Yojana (Urban)[PMAY(U)] to provide Housing to AII by 2022. PMAY(U) comprises four components viz In-situ Slum Redevelopment (ISSR), Credit Linked Subsidy Scheme (CLSS), Affordable Housing in Partnership (AHP), Beneficiary-led individual house constructionl

enhancements (BLC)- Under ISSR component, the Central assistance is Rs. 1 lakh per house while for the AHP and BLC components, the central assistance 1.5 lakh per house is provided by the Government for Economically Weaker Section (EWS) beneficiariesUnder CLSS component of the PMAY(U), there is an interest subsidy of 6.5 % for EWSI Low Income Group (LIG), 4% for Middle Income Group-I (MIG-I) and 3% for Middle Income Group-II (MIG-II); calculated on housing Ioan up to Rsyears-

(c) to (e)Total Central Assistance for the projects submitted by StateslUTs under different verticals of the PMAY(U) is  approved by Central Sanctioning and Monitoring Committee (CSMC) constituted under the scheme. Total  approved Central Assistance is released to StateslUTs in three installments of 40%, 40% and 20% each. First installment of 40% is released after compliance Of CSMC observationslconditions, if any: Second installment of 40% is released based on 70% utilization of earlier  central release along with State releases and commensurate physical progressThe finallthird installment of 20% of Central Assistance is released subject to 70% utilization of earlier central releases and completion of projects including construction of houses and infrastructure, as may be applicable, in each   project: The final installment of of Central Assistance is also contingent of achieving mandatory reformsStateslUTs are required to for all approved projects:

Yes SirThird Installment of Central Assistance has not been released to the States/UTs including the State of Madhya Pradesh for the projects where compliances required for release of third instalment of Central Assistance have not been fulfilled by the StateslUTs:

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