Housing for all by 2022 or Pradhan Mantri Awas Yojna is all set to be launched by the Prime Minister Narendra Modi on 25th June along with few other schemes. Renamed as Pradhan Mantri Awas Yojna, the scheme aims to provide approximately 2 crores affordable homes to the homeless, urban poor and people belonging to EWS and LIG categories in the next 7 years, i.e. up to 2022.
However, the exact number of homes required would depend upon the demand survey to be undertaken by all states/cities relevant authorities. The detailed demand assessment for accessing the actual demand will be conducted by integrating the Aadhar Numbers, Jan Dhan Yojna account numbers or any other such identification of intended homeless people.
Entire urban area consisting of 4041 statutory towns will be covered under the National Urban Housing Mission. However, initial focus will be on creating housing units in 500 Class 1 cities in three different phases as follows.
- PHASE 1 (April 2015 – March 2017): The phase one of the scheme will cover 100 Cities to be selected by States/UTs as per their willingness.
- PHASE 2 (April 2017 – March 2019): To cover additional 200 cities.
- PHASE 3 (April 2019 – March 2022): To cover all remaining cities.
The number of cities included in different phases however may increase based upon the demand and capacity. Credit linked subsidy component of the housing for all scheme would be implemented across the country in all statutory towns from the very beginning.
Women, Scheduled Castes and Scheduled Tribes and economically weaker section of the society will be the main beneficiaries of the scheme under which the central government aims to grant a subsidy of Rs. 1 Lakh to Rs. 2.30 Lakh to buy a home.
The scheme is aimed for urban areas with following components/options to States/Union Territories and cities
- A) Slum rehabilitation of Slum Dwellers with participation of private developers using land as a resource.
- B) Promotion of affordable housing for weaker section through credit linked subsidy.
- C) Affordable housing in partnership with Public & Private sectors
- D) Subsidy for beneficiary-led individual house construction or enhancement.
Below are the few facts, figures and things to know about Housing for all by 2022 scheme or simply how the scheme is going to benefit society.
- Under the Credit Linked Interest Subsidy component, interest subsidy of 6.5 percent on housing loans availed upto a tenure of 15 years will be provided to EWS/LIG categories.
- The aim of mega housing scheme is to create about 2 crore homes by 2022.
- Women, Scheduled Castes and Scheduled Tribes, Transgenders and economically weaker section will be the main beneficiaries of the scheme.
- It will be mandatory for the beneficiaries to include wife or mother’s name while registering under the affordable housing scheme. Houses constructed under the mission would be allotted in the name of the female head of the households or in the joint name of the male head of the houseohld and his wife.
- Differently-abled persons and older persons will also get preferences in allotment of ground floor houses under the Pradhan Mantri Awas Yojna.
- The launch event of the scheme will also witness the announcement of new eco friendly and sustainable technologies to be used for developing the affordable homes.
The mission also incorporates a technology sub-mission which will work upon the aspects of design & planning, innovative technologies & building material, eco-friendly green building using natural resources and earthquake and other natural disaster resistant technologies and designs.
In order to fasten the whole process, the States will be given flexibility to choose their own process for the formation, approval and implementation in accordance with the mission guidelines. However, the Mission will provide technical and financial support in accordance to the Guidelines to the States to meet the challenge of urban housing.
The flagship housing scheme of NDA government will be launched on June 25 along with two other schemes including ‘Smart City’ and Atal Mission for Rejuvenation and Urban Transformation (AMRUT) projects.
The scheme which aims to provide affordable housing to the urban poor especially the low income group will require beneficiaries to include wife or mother’s name while registering under the affordable housing scheme.