Lok Sabha Question No. 691 (UNSTARRED), answered on 2025-07-24
Subject: Subsidy to Beneficiaries of Pradhan Mantri Awas Yojana
Ministry: HOUSING AND URBAN AFFAIRS
Asked by: Shri Rahul Singh Lodhi

- (d)

## GOVERNMENT OF INDIA MINISTRY OF HOUSING AND URBAN AFFAIRS

## LOK SABHA

## UNSTARRED QUESTION NO. 691 TO BE ANSWERED ON JULY 24, 2025

## SUBSIDY TO BENEFICIARIES OF PRADHAN MANTRI AWAS YOJANA

NO. 691.    SHRI RAHUL SINGH LODHI:

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

- (a) whether the Government had enacted a provision to provide subsidy of Rs.  2.00  lakh  to  eligible  beneficiaries  for  taking  home  loan  under  the Pradhan Mantri Awas Yojana during the year 2017 to 2022;
- (b) if so, the number of beneficiaries who availed home loan under the said yojana during the above period;
- (c) whether the subsidy has been provided to all the eligible beneficiaries
- and if so, the details thereof;
- if not, the reasons therefor along with the number of such beneficiaries; and
- (e) whether  the  Government  is  considering  to  provide  subsidy  to  the remaining eligible beneficiaries?

## ANSWER

## THE MINISTER OF STATE IN THE MINISTRY OF HOUSING AND URBAN AFFAIRS (SHRI TOKHAN SAHU)

- (a) to  (e):  Yes.  Ministry  of  Housing  and  Urban  Affairs  (MoHUA)  has  been implementing  Pradhan  Mantri  Awas  Yojana  -  Urban  (PMAY-U)  since 25.06.2015 with an aim to provide all weather pucca houses with basic civic  amenities  to  all  eligible  urban  beneficiaries  across  the  country. The scheme is implemented through four verticals i.e., Beneficiary Led Construction  (BLC),  Affordable  Housing  in  Partnership  (AHP),  In-Situ Slum Redevelopment (ISSR) and Credit Linked Subsidy Scheme (CLSS).

Under CLSS  vertical, an  interest  subsidy up to ₹2.67 lakh  per  house was  provided for beneficiaries of Economically Weaker  Sections (EWS)/Low Income Group (LIG) and Middle Income Group (MIG) category.  CLSS  for  MIG  ended  on  31.03.2021  and  CLSS  for  EWS/LIG ended  on  31.03.2022.  This  vertical  was  implemented  as  a  Central Sector  Scheme  through  Central  Nodal  Agencies  such  as  National Housing Bank (NHB), State Bank of India (SBI) and Housing and Urban Development Corporation Ltd. (HUDCO). The application for availing the interest  subsidy is submitted  by  the  beneficiaries  to  the  Banks  and

Housing  Finance  Companies  (HFCs).  After  due  diligence,  the  interest subsidy  has  been  released  to  all  the  eligible  beneficiaries.  A  total  of ₹ 58,885  crore  of  interest  subsidy  has  been  provided  to  25,04,220 beneficiaries under the scheme.

Based  on  the  learnings  from  the  experiences  of  implementation  of PMAY-U, MoHUA has revamped the scheme and launched PMAY-U 2.0 'Housing for All' Mission with effect from 01.09.2024 for implementation  in  urban  areas  across  the  country  to  construct, purchase and rent a house by 1 crore additional eligible beneficiaries at  affordable  cost  in  next  five  years.  PMAY-U  2.0  is  implemented through four verticals i.e., Beneficiary Led Construction (BLC), Affordable  Housing  in  Partnership  (AHP),  Affordable  Rental  Housing (ARH) and Interest Subsidy Scheme (ISS).

As per the scheme guidelines, under ISS vertical, a maximum release of  interest subsidy of  ₹1.80  lakh is  provided  to  eligible  beneficiaries having  income  up  to  ₹9  lakh .  Home loan  value  up  to  ₹25  lakh  for property  value  up  to  ₹35  lakh with  carpet  area  up  to  120  sqm.  is eligible  for  a  subsidy  at  4.0%  on  first  ₹8  lakh  for  a  tenure  up  to  12 years. The subsidy is released in 5 yearly instalments in loan accounts of beneficiary provided loan is active at the time of release of subsidy and more than 50% principal is outstanding. Prospective beneficiaries can apply on unified web portal available at https://pmay-urban.gov.in.

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