Lok Sabha Question No. 1720 (UNSTARRED), answered on 2016-05-04
Subject: Housing for All
Ministry: HOUSING AND URBAN  POVERTY ALLEVIATION
Asked by: Richard Hay

## GOVERNMENT OF INDIA

## MINISTRY OF HOUSING AND URBAN POVERTY ALLEVIATION LOK SABHA

## UNSTARRED QUESTION NO.1720

## TO BE ANSWERED ON MAY 4, 2016

## HOUSING FOR ALL

No. 1720                 PROF. RICHARD HAY:

## Will the Minister of HOUSING AND URBAN POVERTY ALLEVIATION

## be pleased to state:

- (a) the  salient  features  of  Pradhan  Mantri  Awas  Yojana  Housing for All 2022 under Public-Private Partnership(PPP) mode along with  the  number  of  banks  involved  in  this  yojana  to  provide
- subsidised home loan to the poor, state-wise;
- (b) the  budget  sanctioned  for  this  yojana  during  last  one  year,
- State-wise;
- (c) whether the Government has received any complaint regarding misuse of the budget;
- (d) if  so,  the  details  and  the  action  taken  thereof  in  this  regard;
- and
- (e) whether  the  Government  is  facing  any  difficulty  to  complete the target fixed to build the houses during one year and if so, the  details  thereof  and  the  reasons  therefor  along  with  the steps taken by the Government in this regard?

## ANSWER

## THE MINISTER OF HOUSING AND URBAN POVERTY ALLEVIATION

## [SHRI M. VENKAIAH NAIDU]

- (a) : The Pradhan Mantri Awas Yojana-Housing for All (Urban) Mission, launched on 25.6.2015 aims to provide central assistance to States/UTs for providing housing to all eligible urban poor through the following four verticals:

- (i) 'In situ' Slum Redevelopment using land as a resource under
- which a slum rehabilitation grant of Rs. 1 lakh per house on an average is provided by Government of India.
- (ii) Promotion  of  Affordable  Housing  for  weaker  section  through Credit Linked Subsidy under which an interest subsidy of 6.5% on home loans upto Rs. 6 lakhs for a tenure upto 15 years is provided by the Government of India for both EWS/LIG categories.
- (iii) Affordable Housing in partnership with public or private sector under which Central assistance of Rs. 1.5 lakh per EWS house is provided by the Government of India in projects.
- (iv) Subsidy  for  beneficiary-led  individual  house  construction  or enhancement under which Rs.1.5 lakh per house is provided by Government of India for EWS category.

Under the Credit-Linked Subsidy Scheme (CLSS) component of the HFA Mission, as on date, 179 MoUs have been signed between the Primary Lending  Institutions  (PLIs)  and  Central  Nodal  Agencies  (CNAs)  viz. National  Housing  Bank  (NHB)  and  Housing  and  Urban  Development Corporation Ltd. (HUDCO).

- (b): Budget Estimates of Rs. 4000.00 crore were earmarked for the FY 2015-16 for the projects under Housing for All (HFA) scheme and Rs. 200.00 crore under Credit Linked Subsidy Scheme(CLSS) component (Central Sector Scheme). Details of state-wise indicative allocation of funds for the PMAY (U) mission, except CLSS component, are at Annexure-I.
- (c) & (d): No complaints were received regarding misuse of the budget.
- (e): The PMAY (Urban) Mission was launched only on 25.06.2015 and no targets were fixed during the year.

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