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.
Housing For All Scheme
Housing for All Scheme also known as Pradhan Mantri Awas Yojana (PMAY), is an initiative of the Ministry of Housing and Urban Poverty Alleviation, launched by Pradhan Mantri Narendra Modi in 2015 and aims to provide affordable housing to all the poor. This program integrates with other programs to guarantee that homes have a toilet, an electricity connection, an LPG connection, access to drinking water, Jan Dhan banking services, etc. It consists of two parts: the Pradhan Mantri Awas Yojana (Urban) (PMAY-U), which is aimed at the urban poor, and the Pradhan Mantri Awas Yojana (Gramin) (PMAY-G), for the underprivileged in rural areas.