The ministry of Union Housing and Urban Affairs approved the construction of another 10.28 lakh houses keeping in mind with the total number of houses increased to 1.06 crore under the PMAY – Pradhan Mantri Awas Yojana (Urban) scheme.
The meeting of Central Sanctioning and Monitoring Committee (CSMC) was held under PMAY (Urban) which was the first meeting during the Covid-19 pandemic, where this decision was made in the presence of 19 states and Union Territories.
Durga Shanker Mishra the HUA Secretary instructed the states, by the end of this year their objective for work should strengthen more to achieve with the target of constructing 60 lakh houses while 80 lakh houses to begin construction.
In present, construction for 67 lakh houses have been began and more than 35 lakh have been completed and inhabited.
Additionally, in the meeting it was stated that 1,589 proposals from participating states were permitted for the construction of around 10.28 lakh houses whereas these houses are proposed to be raised across the construction which led to profit and affordable housing in partnership verticals under PMAY(U).
Due to various issues such as land, topographical hazards, inter-city migration, change of preferences of verticals and loss of lives among others, to be also looked as the issue with revision of proposal by the states.
The total investment under the PMAY (Urban) is Rs 6.31 lakh crore with central assistance of Rs 1.67 lakh crore of which Rs 72,646 crore has been released, said the ministry.
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