Housing Policies & Programmes in India

PMAY U: Mission Progress*

Housing Units Approved 47.5 lakh
Projects Approved 9896
Total Investment Approved ₹ 268096 crore
Central Assistance Approved ₹ 73460 crore
Number of Houses where construction has started 27 lakh
Number of Houses Completed 8 lakh
Central Assistance Released ₹ 25733 crore
Beneficiaries Given Housing Loans (CLSS for EWS/LIG/MIG) 165106
Interest Subsidy Released by Central Nodal Agencies ₹ 3559 crore
*Source: Urban Transformation 2014-18: Ministry of Housing & Urban Affairs

Box 2.2: Other Initiatives under PMAY-U

• Creation of National Urban Housing Fund (NUHF): ₹60,000 crore to be raised in
phases through Extra Budgetary Resources.
• Public Private Partnership Models for Affordable Housing: 8 Public Private
Partnership Models for Affordable Housing have been framed to boost the
construction of affordable housing under PMAY(U) (Refer to Box 1.2)
• Announcing the Global Housing Construction Technology Challenge–India
(GHCTC-India): GHCTC-India is being organized to provide sustainable, scalable
and adaptable innovative technologies for accelerated affordable housing.
• Coverage of the Mission has been extended from 4041 statutory towns to all areas
falling within notified Planning / Development Area under the jurisdiction of an
Industrial Development Authority / Special Area/ Development Authority /
Urban Development Authority or any such authority under State legislation which
is entrusted with functions of Urban Planning and regulations.

Reference: Urban Transformation 2014-18: Ministry of Housing & Urban Affairs

Some of the State level initiatives and housing schemes are given in Appendix A 2.

Graph 2.3 State-wise distribution of subsidy under PMAY-CLSS for EWS & LIG and MIG

Source: NHB