Housing Ministry nods 60,000 homes construction under PMAY-U
17 Feb 2022
2 Min Read
CW Team
On Tuesday, the Ministry of Housing and Urban Affairs (MoHUA) told the media that the project proposals for more than 60,000 homes were authorised for development under the Pradhan Mantri Awas Yojana (Urban) in Chhattisgarh, Andhra Pradesh, Karnataka, Rajasthan and Himachal Pradesh.
Earlier this month, Finance Minister Nirmala Sitharaman during the Budget presentation declared an allocation of Rs 48,000 crore to develop eight million homes. The government had earlier declared that all Indians would be rendered 鈥榩ucca鈥� homes by 2024.
The total number of approved homes under PMAY(U) is currently 114.04 lakh, of which about 93.25 lakh have been grounded for construction and approximately 54.78 lakh have been achieved and delivered to the beneficiaries.
The government further said that the total investment under the mission stands at Rs 7.52 lakh crore, with central assistance of Rs 1.87 lakh crore. So far, Central Assistance amounting to Rs 1.21 lakh cr has already been released.
Manoj Joshi, Secretary, Ministry of Housing and Urban Affairs, during the 58th meeting of the Central Sanctioning and Monitoring Committee (CSMC), discussed the problems about grounding and construction of houses in various states under different verticals of PMAY(U), according to the Ministry statement.
He reviewed the speed of achievement of homes in the states and directed the officials to facilitate the process and meanwhile furthermore evaluate the beneficiary allotment and completion of Affordable Housing in Partnership (AHP) projects in their respective areas.
Also read: Govt approves construction of over one lakh houses under PMAY-U
On Tuesday, the Ministry of Housing and Urban Affairs (MoHUA) told the media that the project proposals for more than 60,000 homes were authorised for development under the Pradhan Mantri Awas Yojana (Urban) in Chhattisgarh, Andhra Pradesh, Karnataka, Rajasthan and Himachal Pradesh.
Earlier this month, Finance Minister Nirmala Sitharaman during the Budget presentation declared an allocation of Rs 48,000 crore to develop eight million homes. The government had earlier declared that all Indians would be rendered 鈥榩ucca鈥� homes by 2024.
The total number of approved homes under PMAY(U) is currently 114.04 lakh, of which about 93.25 lakh have been grounded for construction and approximately 54.78 lakh have been achieved and delivered to the beneficiaries.
The government further said that the total investment under the mission stands at Rs 7.52 lakh crore, with central assistance of Rs 1.87 lakh crore. So far, Central Assistance amounting to Rs 1.21 lakh cr has already been released.
Manoj Joshi, Secretary, Ministry of Housing and Urban Affairs, during the 58th meeting of the Central Sanctioning and Monitoring Committee (CSMC), discussed the problems about grounding and construction of houses in various states under different verticals of PMAY(U), according to the Ministry statement.
He reviewed the speed of achievement of homes in the states and directed the officials to facilitate the process and meanwhile furthermore evaluate the beneficiary allotment and completion of Affordable Housing in Partnership (AHP) projects in their respective areas.
Image Source
Also read: Govt approves construction of over one lakh houses under PMAY-U
Next Story
UP Signs Rail Deal to Boost Logistics Infrastructure
To bolster Uttar Pradesh鈥檚 industrial and logistics ecosystem, Invest UP and the Lucknow Division of Northern Railway signed a memorandum of understanding (MoU) at Lok Bhawan on Wednesday.The MoU, signed by Invest UP CEO Vijay Kiran Anand and Rajneesh Kumar Srivastava, Senior Divisional Operations Manager of Northern Railway, aims to provide railway land to investors at a concessional lease rate of 1.5 per cent of the prevailing industrial or circle rate for a 35-year period.According to the official statement, the move will support the development of warehousing and logistics infrastructure..
Next Story
RVNL Wins Rs 1.16 Bn Railway Electrification Contract
Rail Vikas Nigam Ltd (RVNL) has received a letter of intent from Central Railway for an electrification system upgrade contract valued at Rs 1.16 billion. The project, according to the company鈥檚 stock exchange filing, will be completed within 24 months.The scope of the work involves modification of the current 1x25 kV electric traction system to a 2x25 kV configuration at the feeding system in the Itarsi-Amla section, located in the Nagpur Division. This upgrade is part of broader efforts to modernise and strengthen the efficiency of India鈥檚 railway electrification infrastructure.RVNL cont..
Next Story
Mumbai Rail Network to Expand with New Airport, Port Links
The Maharashtra government鈥檚 infrastructure drive in the Mumbai Metropolitan Region (MMR) will see a major expansion of suburban railway corridors on both Central and Western Railways, with new lines planned to improve airport and port connectivity.The Union Railway Ministry has instructed both zones to conduct feasibility surveys for new lines connecting Navi Mumbai International Airport (NMIA), segregating suburban and long-distance services, and building a new rail link from Dahanu to the upcoming Vadhavan Port in Palghar鈥攖outed as India鈥檚 largest port.On the Central Railway, surveys ..