In a major decision, the Union Housing and Urban Affairs Ministry initiated several schemes in 2018 and is planning to sanction construction of one crore houses before 2020.
This will be done under the Pradhan Mantri Awas Yojana (urban).
The move is aimed at ensuring ‘housing for all by 2022’.
It need be mentioned that the ministry is mandated to implement a number of flagship programmes – Swachh Bharat Mission, PMAY (U), Smart City Mission, National Heritage City Development and Augmentation Yojana (HRIDAY), Atal Mission for Rejuvenation and Urban Transformation (AMRUT) among others.
The urban and housing ministry also launched Swachh Survekshan’, a move aimed at fostering healthy competition among cities for improving cleanliness standards.
Around 68.5 lakh houses have been approved so far for construction under the PMAY (U).
According to government estimates, the total investment involved is Rs 3,56,397 crore. A number of Rs 33,455 crore has already been released to states and union territories out of the approved total central assistance of Rs 1,00,275 crore.