Centre Sanctions 1.86 L Homes Under PMAY (U); Haryana Becomes The Biggest Beneficiary
Last year about this time, the Ministry of Housing and Urban Poverty Alleviation (HUPA) could claim that the number of homes sanctioned under the Pradhan Mantri Awas Yojana (PMAY) had touched 13.43 lakh. A year on, on February 8, the Centre has given a nod for 1.86 lakh homes that has taken the overall count to 39.25 lakh. The newly sanctioned homes will be constructed at an investment of Rs 11,168 crore with central assistance of Rs 2,797 crore.
Of the total number announced, 53,290 homes will be constructed in Haryana, making it the largest beneficiary. These homes will be constructed at an investment of Rs 4,322 crore and central assistance of Rs 799 crore.
Here is the breakup:
A total of 1,08,095 new homes are being constructed under the Beneficiary-Led Construction (BLC) component of PMAY (Urban) while the rest are being constructed under the Affordable Housing in Partnership (AHP) component. All the approvals were given in the 30th meeting of the Central Sanctioning and Monitoring Committee.
How it works?
Under the scheme, eligible beneficiaries would be given a Central assistance of Rs 1.50 lakh for the construction of new houses on their land or for improving the condition of their existing homes.
Under the PMAY, the Central government provides aid to urban-local bodies in four ways. It could be either rehabilitation of slum dwellers with private assistance or affordable housing with private partnership or BLC or credit-linked subsidies.
Apart from the credit-linked subsidies, it is the government that will have to take the initiative to bring the PMAY to fruition.
According to Dr Gagan Roy, consultant, planning and implementation, Government of Odisha, the political will of the state governments is key. The new approach for implementation is best in the recent scenario and is fully Direct-Benefit Transfer (DBT). The socio-economic status is the best approach with utilisation of modern technology adding value to it. Strong Information, Education and Communication campaigns (IEC) is required. Often, political will, financial capacity of state and Centre, corruption, adequate land for construction and even burgeoning population act as major roadblocks.
With inputs from Housing News