According to ICRA, funding of the program may stall the progress of the program.
About Housing for all
The mission started in 2015 and will be attained in seven years i.e., during 2015 – 2022.
Pradhan Mantri Awas Yojna will bring a ‘Pucca house’ for every family in urban cities with water connection, toilet facilities, 24x7 electricity supply and complete access.
Objective:
Affordable homes with water connection, toilet facilities, 24x7 electricity supply and complete access.
2 crore houses to be built across nation’s length and breadth
Targeting the Lower Income Groups (LIG) and Economically Weaker Section of our society (EWS), basically the urban poor by the year 2022.
2 million non-slum urban poor households are proposed to be covered under the Mission.
Implementation:
will work by providing central assistance to Urban Local Bodies (ULBs) as well as other employed agencies through States/UTs for:
Building onsite Rehabilitation of the existing slum- inhabitants by commencing private participation for using poor land area as a resource.
By providing Credit Linked Subsidy
Initiating Affordable Housing in Partnership
Granting Subsidy to the beneficiary for individual house construction/enhancement.
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