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Ministry of Finance

The ​ Prime Minister Awas Yojana (PMAY) Scheme to hand-over 1 crore homes by December 2018: Says the Union Minister of State for Urban Affairs Minister, Shri Hardeep Singh Puri ; Ministry sanctions about 3-5 lakh homes every month

Posted On: 25 JUN 2018 10:53PM by PIB Delhi
The Minister of State (Independent Charge), Ministry of Housing and Urban Affairs, Government of India, Shri Hardeep Singh Puri said that the Union Ministry of Housing and Urban Affairs will hand over1 crore homes under the Prime Minister Awas Yojana (PMAY) by December 2018.He said that his Ministry sanctions almost 3-5 lakh home every month.

“Today my office has sanctioned 318,000 homes taking the tally to 51 lakh houses so far,” Shri Puri said at an Interactive Session on Sustainable Development Goals and moving-up the scale with CSR and flagship programs organized jointly by Research and Information System for Developing Countries (RIS) and Forum Indian Development Cooperation.

As part of Smart City Initiative, safe transportation, lower environment impact, waste to energy and waste to compost, Universal access for women, children and old people is where intervention is required beyond building homes. Citing an example, Shri Puri pointed-out to Surat in Gujarat where the crime rate dropped by over 20% with the usage of technology like CCTVs.

There is no shortage of funds, all one needs is a bankable project, the Union Minister concluded..

Earlier, Prof. Sachin Chaturvedi, Director General, RIS made the Opening Remarks and introduced the subject .Shri Ravichandran Natarajan, Head,  Partnerships & Corporate Relations, Tata Trusts also spoke on the occasion along with Ms Radhika Kaul Batra, Chief of Staff, UN Resident Coordinators’ Office, New Delhi.

Industries Department, Government of Maharashtra is the nodal Department, Maharashtra Industrial Development Corporation (MIDC), Government of Maharashtra is the nodal agency, Confederation of Indian Industry (CII) is the Professional Conference Organiser (PCO), Research and Information Systems for Developing Countries (RIS) is the knowledge partner, for the third Annual Meeting of AIIB being hosted by the Government of India in Mumbai on 25th and 26th June, 2018.


For more details on the exhibition, log on to http://aiib-am2018.gov.in/exhibition.php


To know more about Asian Infrastructure Investment Bank’s Third Annual Meeting log on to:



Hashtag: #AIIB2018


Twitter: @AIIB_Official @FinMinIndia  @PIBMumbai & @PIB_India 


In the past, AIIB annual meetings were held at Beijing, China in 2016 and Jeju, Republic of Korea in 2017.


About AIIB

The Asian Infrastructure Investment Bank (AIIB) is a Multilateral Development Bank with a mission to improve social and economic outcomes in Asia and beyond. Headquartered in Beijing, we commenced operations in January 2016 and have now grown to 86 approved members from around the world. By investing in sustainable infrastructure and other productive sectors today, we will better connect people, services and markets that over time will impact the lives of billions and build a better future. 




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Read this release in: Marathi

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