Achievements of the Housing For All Scheme

Objectives of Housing for All Scheme:

By the end of March 2022, all poor families who are without a home or who are residing in the kutcha house or other old dwellings would have access to a pucca house with basic facilities. To provide support in the form of a full grant in order to assist residents who are Below the Poverty Line (BPL) in building new housing units and upgrading existing, unusable kutcha houses. Aims to empower the people, as housing ownership is one of the main indices of socioeconomic development. The ownership of the house is granted in the name of a female member or through joint ownership, so ensuring women’s empowerment through the Scheme....

Beneficiaries under the Housing for All Scheme:

To be a beneficiary under this scheme, one must not own any pucca houses in India in their own name or the names of family members. The program’s beneficiaries include individuals who fall into the categories of middle-income groups (6–18 lakhs annual income), lower-income groups (2–6 lakhs), and economically deprived classes (yearly income of below 3 Lakhs). When applying for a loan under the PMAY program, the loan applicant should not have received any benefits or subsidies from the central or state governments. Individuals must provide a self-certificate or affidavit in order to be identified for the specified categories (EWS, LIGs, and MIGs). The beneficiary’s kid or daughter, wife, or spouse may be considered members of the family (unmarried)....

Features of the Housing for All Scheme:

The goal of PMAY is to offer pucca houses with all essential amenities to the weaker and homeless groups residing in kutcha houses. The minimum size of a home is 25 square meters, and it must have a clean bathroom, electricity, kitchen, and tap water. By allowing female members to own homes individually or jointly, the Mission supports women’s empowerment. Additionally, people with disabilities, the elderly, members of the OBC (Other Backward Classes), minorities, single women, transgender people, and other weaker & more vulnerable groups in society are given preference. According to the PMAY program, the financial aid for plain regions is 1.20 lakh, and for hilly regions and North Eastern districts, it is 1.30 lakh. The Central and State Governments split the cost of units in the ratio of 60:40 for plain areas and 90:10 for North Eastern and hilly states. The interest subsidies have been raised to 6.5 percent under the Housing for All plan. Previously, the percentages for EWS and LIG were 4.98 percent and 3.33 percent, respectively....

Coverage and Phases of the Housing for All Yojana:

Following are the three phases that would be used to cover all 4041 statutory towns as of the Census of 2011, with an emphasis on 500 Class I cities:...

Achievements of the Housing For All Scheme:

Up to now, 1.14 million houses have been approved compared to the 1.12 million houses that were estimated as overall demand.  As of the 12th of December 2021, a total of 91.5 lakh houses were set for construction, and 53 lakh houses had already been finished or delivered. The Credit Linked Subsidy Scheme (CLSS) has provided housing loan subsidies to a total of 17.35 lakh beneficiaries, of whom 6.15 lakh came from the Middle Income Group. In total, 6,368 homes are being built as part of the Light House Projects, at a cost of $790.57 crore....

Frequently Asked Questions Related to Housing for All Scheme:

1Q. What is the Housing For All Scheme?...