GOVT APPROVES CONSTRUCTION OF 560695 MORE HOUSES

Context:

  • The Ministry of Housing & Urban Affairs has approved the construction of another 560,695 more affordable houses for the benefit of urban poor under Pradhan Mantri Awas Yojana (Urban). The approval was given by the Central Sanctioning and Monitoring Committee under the Ministry of Housing & Urban Affairs.
  • Total of 1,243 projects with a project cost of Rs 33,873 crore with central assistance of Rs 8,404 crore has been approved.
  • The approval of 560,695 more houses takes the cumulative number of houses sanctioned under PMAY(U) to 79,04,674.
  • The allocation is part of the government’s commitment to ensure housing for all by 2022.
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