- Pradhan Mantri Awas Yojana, launched by Prime Minister Narendra Modi on June 25 this year.
- Under this scheme, states should take up construction to meet the housing needs for urban poor.
- Nandita Chatterjee, secretary, HUPA, said under Jawaharlal Nehru National Urban Renewal Mission(JNNURM) only 9 lakh houses were built. The new mission Pradhan Mantri Awas Yojana aims at building 30 lakh houses every year and About 2 crore homes need to be built by 2022
- The ministry of housing and urban poverty alleviation urges the states to work on fast track on the mission.
Till now only Odisha, Bihar, Jharkhand, Gujarat, Rajasthan, Jammu & Kashmir, Nagaland came forward to sign MoA.
- The first state to submit a comprehensive Housing for All Action Plan and take up construction of houses is Odisha . It planned for two housing projects in Bhubaneswar on government land for building around 700 houses
- Apart from Telangana and Kerala , twenty two States from these three regions attended the workshop.
- Delhi and Uttar Pradesh Government requested that they need some time to sign MoA.
Mission director for the Housing for All (Urban), Sanjiv Kumar, said States will get central assistance under the ‘In-situ slum redevelopment’ component and interest subsidy of 6.5% available under ‘Credit Linked Subsidy Scheme’ component will be given to people under Economically Weaker Sections and Low Income Groups on a 15-year bank loan of upto Rs 6 lakhs substantially reducing the EMIs.