PMAY - U - GOVERNANCE

News: Extend PMAY-U to cover all deserving, assess needy afresh: House panel report

 

What's in the news?

       The Parliamentary Standing Committee on Housing and Urban Affairs has raised concerns that some people could not avail of the benefits of the Pradhan Mantri Awas Yojana-Urban (PMAY-U) due to the eligibility criteria or other impediments, and has asked the Housing and Urban Affairs Ministry to conduct an assessment.

 

Key takeaways:

       In its report on the implementation of the PMAY-U that was presented to the Lok Sabha, the committee recommended that the ministry extend the scheme, which is set to end on December 31, 2024, if need be, to cover those who remain in need of houses.

 

Pradhan Mantri Awas Yojana - Urban (PMAY-U):

       It is a flagship Mission of Government of India being implemented by the Ministry of Housing and Urban Affairs (MoHUA).

       It was launched on 25th June 2015 and addresses urban housing shortage among the EWS/LIG and MIG categories including the slum dwellers by ensuring a pucca house to all eligible urban households by the year 2022, when Nation completes 75 years of its Independence.

       PMAY(U) adopts a demand driven approach wherein the Housing shortage is decided based on demand assessment by States/Union Territories.

       The scheme got extended to another two years to 31.03.2024.

 

Coverage:

       It covers the entire urban area consisting of 4041 statutory towns with initial focus on 500 Class I cities.

 

Components of PMAY-U:

The programme has 4 components such as

       Credit Link Subsidy Scheme (CLSS).

       In-situ rehabilitation of existing slum dwellers using land as a resource through private participation.

       Affordable Housing in Partnership (AHP).

       Subsidy for beneficiary led - individual house construction/enhancement.

 

Features:

       The government would provide an interest subsidy of 6.5% on housing loans availed by the beneficiaries for a period of 15 years from the start of loan.

       The houses under Pradhan Mantri Awas Yojana would be allotted to preferably the female member of the family.

       All houses under PMAY (U) have basic amenities like toilets, water supply, electricity and kitchen.

       Convergence with the Swachh Bharat Mission-Gramin (SBM-G), MGNREGS, or any other dedicated source of financing will be used to fund the construction of toilets.

       Convergence for piped drinking water, electricity, and LPG gas connections, among other things, will be sought by several government programmers.