Friday, 1 July 2016

Central Government plans 20 million houses for urban poor

      Central Government plans 20million houses for urban poor

The Union Cabinet recently approved the launch of “Housing for all by 2022” programme for the rehabilitation of slum-dwellers and promotion of affordable housing for the urban poor. The target is to provide nearly 20 million houses over seven years.

The Programme is a key promise in the BJP’s manifesto for the Lok Sabha elections in 2014 – a ‘Pucca’ house for every family by the 75th year of Independence. 

An Official statement of the Central Government said that on an average Rs.1.00 lakh would be available for a house under the slum rehabilitation programme, but the State Governments could exercise flexibility in spending the grant for any slum rehabilitation project using land as a source for providing houses to slum-dwellers.

Ü 20 million affordable homes to be provided to the poor over the next seven years. 

Ü Rs.1.00 lakh on an average to be made available to every beneficiary under slum rehabilitation programme. 

Ü 6.5% interest subsidy on loans for economically weaker sections. 

Under the credit-linked interest subsidy component, an interest subsidy of 6.5 percent on housing loans availed upto a tenure of 15 years will be provided to economically weaker sections/lower income group (EWS/LIG) categories, wherein the subsidy pay out on a net present value basis would be about Rs.2.3 lakhs per house for both categories. 

The Central assistance of Rs.1.50 lakh a house for the EWS category would be provided in partnership and for beneficiary-led individual house construction or enhancement. 

Builders told to meet National Green Tribunal’s (NGT) norms

Builders in Haryana state will now have to take all the necessary precautions while carrying out construction to ensure that no activity right from ferrying construction material and storing it at the site, to raising a structure and removing debris, emits dust. 

A spokesman of the Town and Country Planning Department said the building would have to strictly adhere to the orders issued by the National Green Tribunal (NGT) and the directions given by the Union Ministry of Environment and Forests in this regard. 

All the construction material and debris shall be carried out in trucks or other vehicles which are fully covered and protected. “Any person, owner and/or builder is found violating any of the conditions shall be liable to pay compensation of Rs.50,000/- per default.
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