In line with the vision of the Prime Minister - 'Housing for All' by 2022, PMAY-Urban has registered outstanding success. So far, about 1.12 crore houses have been sanctioned for its beneficiaries, out of which more than 83 lakh houses are grounded and more than 50 lakh completed.
Acknowledging the diversity in housing demand across various income groups of the country, for the first time interest subsidy on home loans have been given to Middle-Income Group having annual income of upto Rs. 18 Lakh under PMAY-U’s Credit Linked Subsidy Scheme (CLSS). Nearly 16 lakh beneficiaries belonging to Economically Weaker Sections (EWS), Lower Income Group (LIG) and MIG have so far been brought under the fold of CLSS.
Due to its forward and backward linkages to other sectors, the current investment made by the Government in the sector, has created almost an estimated 689 crore person days of employment translating into around 246 lakh jobs and led to consumption of 370 Lakh MT of cement and 84 Lakh MT of steel.
In this episode, Principal Economic Advisor Sanjeev Sanyal explores the nuances of the scheme with Union Minister Hardeep Singh Puri.
Hashtags: #EconomicSutra #PMAY #SanjeevSanyal
Anchor: Sanjeev Sanyal, Principal Economic Advisor, Ministry of Finance
Guest:
Hardeep Singh Puri, Union Housing & Urban Affairs Minister
Special Thanks to:
Ministry of Housing and Urban Affairs
Production Credits:
Producer: Saumya Nanda
Video Editor: Bikas Chandra
Graphic Designer: Rupesh Chaudhury, Sudip Debnath, Amit Naugain
Camera Persons: Nilesh Pandey, Manoj Kumar, Dwijendra Pandey, Hari & Pradeep
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