Indira Awas Yojna Renamed to Pradhan Mantri Awas Yojna

Latest Housing News, Schemes & Projects | By Rajkumar

Indira Awas Yojana Renamed to Pradhan Mantri Awaas Yojana: The Modi government has renamed the one of known housing program which aims to build houses for rural poor. This program was launched by Gandhi family in 1985 to construct affordable houses for rural poor. Under the Indira Awas Yojna (IAY), house are made for the poor.

The housing program renamed to Pradhan Mantri Awas Yojna. The scheme is a cornerstone of government to provide housing for all. On this, the senior official said that the name is being changed and many upgrades being made to the scheme. We are still discussing the inclusion of the word ‘Grameen’ in the name of the scheme.

The scheme proposes that the homes get bigger and costlier. The units under this program will cost around Rs. 1.25 lakh from the current allocation of Rs 75,000 per household.

According to the source, the increment in the overall area of a single unit will be 25 square meter from 22 square meter. The government has renamed two programs which were in touched with Gandhi’s family.

According to the report of a business paper, there has a big slowdown in the constructed houses under Indira Awas yojna (IAY) in the last three year, only 9.80 lakh houses were constructed against a target of 25.19 lakh in financial year of 2015. Now the current government has set a target to construct 3 crore houses under its rural housing scheme by 2022.

Under the Indira Awaas Yojana, each unit gets assistance of Rs 70,000 for new constructions in the plains, Rs 75,000 in hilly and difficult terrain and Rs 15,000 for upgradation.

The Ministry of Urban Development said that the Indira Awaas Yojana is being revamped and implemented in mission mode to achieve a pucca house for all in seven year.

“The mobilisation of resources has been a major constraint. The IAY scheme will be fine-tuned in such a way that it is flexible enough to analyze the grassroot-level problems in different geoclimatic zones and to fix the quantum of assistance according to the requirement of the needy.

The government also launched its Housing for All by 2022 scheme for urban areas this year with a central grant of Rs 1 lakh per home.

Source:

Related - , , ,

Leave a Reply

Your email address will not be published. Required fields are marked *

*