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Business News/ News / India/  Pradhan Mantri Awas Yojana: Govt approves construction of 1.4 lakh more houses
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Pradhan Mantri Awas Yojana: Govt approves construction of 1.4 lakh more houses

Sanction was given for construction of around 1,40,134 more affordable houses for the benefit of urban poor
  • Uttar Pradesh was given the approval of 54,277 houses, while West Bengal got approval for construction of 26,585 houses under the PMAY (U)
  • Last year, Narendra Modi had announced that the credit linked subsidy scheme under PMAY (Urban) will be applicable to MIG till the end of December this year. Photo: MintPremium
    Last year, Narendra Modi had announced that the credit linked subsidy scheme under PMAY (Urban) will be applicable to MIG till the end of December this year. Photo: Mint

    NEW DELHI:The Centre on Thursday approved construction of nearly 1.4 lakh more houses under the Pradhan Mantri Awas Yojana, taking the number of houses to be built under the scheme to over 85 lakh.

    In a statement issued here, the Union Housing and Urban Affairs Ministry said the approval was given in the 45th meeting of the Central Sanctioning and Monitoring Committee (CSMC) under the chairmanship of HUA Secretary Durga Shanker Mishra.

    It stated that sanction was given for construction of around 1,40,134 more affordable houses for the benefit of urban poor.

    Uttar Pradesh was given the approval of 54,277 houses, while West Bengal got approval for construction of 26,585 houses under the PMAY (U), followed by Gujarat (26,183), Assam (9,328), Maharashtra (8,499), Chhattisgarh (6,507), Rajasthan (4,947) and Haryana (3,808).

    A total of 492 projects will cost 6,642 crore, out of which the Centre approved a financial assistance of 2,102 crore, the statement added.

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    This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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    Published: 26 Jul 2019, 10:03 AM IST
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