ARTICLES

BY erealto | 05-12-2018

PRADHAN MANTRI AWAS YOJANA

Pradhan Mantri Awas Yojana is an initiative taken by the PM Narendra Modi- led government which aims at providing affordable housing to 20 million people by 31st March 2022. The scheme was launched in June 2015. The government aims at providing pucca houses to all the people by the time India complete its 75 years of independence. The scheme has two components: • PRADHAN MANTRI AWAS YOJANA- URBAN, which aims at providing housing to the urban poor. • PRADHAN MANTRI AWAS YOJANA- GRAMIN, which aims at providing housing to the rural population. The scheme is also being collaborated with other schemes, such as, Ujjwal Yojana to provide LPG connections, Jan Dhan for banking facilities, water supply, 24X7 electricity supply. The scheme is focussed on providing house to the economically marginal communities of the society, low income groups, women belonging to all religions and castes, scheduled castes and scheduled tribes. The scheme works through providing credit linked subsidy of INR 1 to 2.5 lakhs. The preference is given to the female applicants for the house allotments. The construction developers are made to strictly follow eco-friendly development technology. The scheme aims at providing affordable housing facilities to all.

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BY erealto | 05-12-2018

AFFORDABLE HOUSING IN PUNJAB

To facilitate affordable residence for the urban poor, economically lower section sections of the society, students and elderly people, twin policies by the government are being framed. The government is working to provide affordable housing and rental accommodation to the people in pocket-friendly prices. Need-based renting such as targeting audiences such as single women, single men, students, migrant labour, is the focus of the government. Also, government helps in removing legal, financial, and administrative barriers. The focus of the government would be on making small plots beginning with 100 sq. ft. available to the general public. Also, to encourage the investment by the private firms, incentives are being provided to them.

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