Hardeep Singh Puri  

The government’s target of constructing one crore houses by 2022 under the Pradhan Mantri Awas Yojana (Urban) could be completed by the end of 2020, Union Housing and Urban Affairs Minister of State (independent charge) Hardeep Singh Puri said on Tuesday.

Speaking on the fourth anniversary of the launch of three schemes for urban development — PMAY (U), the Atal Mission for Rejuvenation and Urban Transportation (AMRUT) and the Smart Cities Mission — Mr. Puri said the NDA government had spent 554% more in five years than the UPA government had in 10 years on urban development projects.

So far, 81 lakh homes have been sanctioned, 48 lakh of those are under construction and 26 lakh have been completed and handed over to the beneficiaries, the Minister said. “As against a target completion date of 2022, I am more or less confident that we can have all the sanctioning done by the first quarter of 2020 and more or less completion by end of 2020,” Mr. Puri said.

Of the Rs. 1.26 lakh crore committed for the scheme, Rs. 52,113 crore had been released so far, Housing and Urban Affairs Ministry Secretary Durga Shanker Mishra said. Under the scheme, beneficiaries from economically weaker sections (EWSs) can get Rs. 1.5 lakh for the construction of homes. The scheme also includes in situ slum redevelopment and credit-linked subsidies.

You need to subscribe or sign-up to read Today's Paper articles.

Already a subscriber? Sign in

Already a subscriber? Sign in

Find mobile-friendly version of articles from the day's newspaper in one easy-to-read list.

Enjoy reading our articles without intrusion from advertisements.

A select list of articles that match your interests and tastes.

Move smoothly between articles as our pages load instantly.

A one-stop-shop for seeing the latest updates, and managing your preferences.

We brief you on the latest and most important developments, three times a day.

*Our Digital Subscription plans do not include the e-paper. Our plans enhance your online reading experience.

Already a user? Sign In

To know more about Ad free news reading experience and subscription Click Here

or Please whitelist our website on your Adblocker