Centre Grants Rs 591 Crore for Rural Housing Scheme in Orissa

Latest Housing News, Schemes & Projects | By Rajkumar

Orissa will get amount of Rs. 591.44 crore for rural housing scheme in the state under Indira Awas Yojna (IAY) for the current fiscal because the Ministry of Rural Development has sanctioned the amount.

This time, the state will face additional financial burden as the fund sharing pattern between the center and the state has been revised to 50:50 for current financial year however, till the last financial year, the central and state share ratio was 75:25.

The reduced allocation of Central assistance after lapse of six months of the financial year would further delay the housing projects. But there will be no change in the funding pattern for hilly and difficult terrains (90:10) and the Union Territories (full cost). Under the centrally sponsored scheme, the cost of a unit located in plain area is Rs. 70,000 and Rs 75,000 in North Eastern States and other hilly areas.

BC Behera Director in the ministry of rural housing has asked the state governments to enter the revised housing target of each district in the AwaasSoft, the software developed for monitoring the rural housing scheme, before October 15. The ministry has also instructed the state government to issue order to beneficiaries and ensure that the proposal for the second instalment are submitted in time. In the current financial year, the Centre has approved housing for about 1,60,610 BPL families in the state.

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