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Housing Ministry: Sanctions Upto 5 Lakhs Affordable Houses Every Month

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Housing Ministry Sanctions Upto 5 Lakhs for Affordable Houses

Hardeep Singh Puri, Union Minister of State for Housing and Urban Affairs has informed that the government is fully committed to bring a large and thorough transformation in the country’s infrastructure development. He admitted to the fact that the India’s urban infrastructure was under great level of strain earlier and now government is all set to change that by providing relief steps to the real estate sector, one such step is providing 12 million houses in urban areas by 2022.

In his statement, Puri assured that the government is committed and is sanctioning at a rate of 3 lakh to 5 lakh affordable houses per month under the Pradhan Mantri Awas Yojana (PMAY). 12 million houses will be provided in the urban areas by 2022 as part of its home-for-all campaign. According to him the capacity building was necessary as the urban population was expected to rise from the present 30 per cent to an estimated 50 per cent by 2030.

The minister further added in his lecture on ‘2022: The India We Seek’ that he was able to get a provisioning of Rs. 60,000 crore for the four-year period with an approval for a new urban affordable housing fund. The event was organised jointly by the Society for Policy Studies and India Habitat Centre.

There are eight models that ministry has come out with to promote the private sector participation in the affordable housing sector. Six out of eight are based on leveraging government land and rest of the two are based on private land ownership. The cost of the land is estimated as high as 40 per cent to 80 per cent of the house being provided. Both the state and the central governments are also giving outright subsidies, and the cost of a home is about Rs. 6.5 lakh. Pradhan Mantri Awas Yojana  is getting high resistance. Puri claims that this scheme is one of the best generous schemes for the social transformation.

He suggested that the present government has a positive, powerful and growth-oriented agenda. Elaborating further, he said that the Indian state must be strengthened to deliver the goods and services required, in order to achieve the new India. As the goods and services delivery cannot be facilitated, if the state remains incapacitated. There was an emphasis from his side on the cooperative federalism for the efficient execution of various flagship schemes aimed at planned urbanisation.

There are several issues to address today and the government must overcome deep-rooted social prejudices and satisfy the demand for food, shelter, clothing and opportunity for the rapidly growing population, as millions of our people still suffer in poverty.

By the 150th birth anniversary of Mahatma Gandhi on Oct 2, 2019, the government is planning to achieve 100 per cent solid waste management in the country and 100 percent open defecation-free India. Puri recollects the cleanliness campaign by Gandhiji before striving for political freedom, in 1916, a year before his Champaran movement that heralded our freedom struggle. He stressed for the need of a change in the mind-set of the people to achieve a “transformed India”.

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