The ambitious vision of Narendra Modi led NDA government to provide housing to all Indian citizens by 2022 has finally got its name. The scheme has been named after the distinguished son of our country Sardar Vallabhbhai Patel and will be called “Sardar Patel National Urban Housing Mission”.
The announcement was made by M Venkaiah Naidu, union minister for urban development in Gandhinagar where he was invited by Govt. of Gujarat as chief guest for Municipalika, a three-day seminar-cum-exhibition organised at Mahatma Mandir.
Naidu said that government has prepared a blue print to implement the plan and provide homes to all Indian citizens by 2022. According to Naidu, the government will be focusing on providing homes to the economically weaker sections (EWS) and lower income group of the society. The policy farming for the mission is in the final stage and will be sent to the cabinet for approval.
According to the union minister, the government has also included the clause of giving tax incentives on the home loans to those who are not capable of buying the homes. The part percentage of the interest on such home loand will be paid by the government directly to the banks to ease the burden on buyer.
Along with this announcement, Naidu also said that a new scheme to replace Jawaharlal Nehru National Urban Renewal Mission (JNNURM) will be launched soon for the development and governance in 500 cities across India. The ministry has already announced 10 cities that would be developed in the budget.