Pradhan Mantri Awas Yojana 2015: A Comprehensive Housing Scheme for All

Pradhan Mantri Awas Yojana:

The Pradhan Mantri Awas Yojana (PMAY) is a housing scheme launched by the Indian government in 2015, with the aim of providing affordable housing to the economically weaker sections of the society. The scheme was introduced as a part of the government’s flagship program, ‘Housing for All by 2022’, which aims to build 2 crore houses across the country.

PMAY has two components:

PMAY (Urban) and PMAY (Rural). The urban component of the scheme is implemented by the Ministry of Housing and Urban Affairs, while the rural component is implemented by the Ministry of Rural Development.

PMAY (Urban):

Under the urban component of Pradhan Mantri Awas Yojana, the government aims to provide housing to the urban poor, including slum dwellers, through a variety of means. The scheme provides central assistance to the tune of Rs. 1.5 lakh per unit for eligible beneficiaries. The scheme also provides credit-linked subsidy to the eligible beneficiaries, which reduces the interest rate on their home loans, making it easier for them to afford a house.

The Pradhan Mantri Awas Yojana (Urban) has four components:

1. In-Situ Slum Redevelopment (ISSR)

2. Affordable Housing in Partnership (AHP)

3. Credit Linked Subsidy Scheme (CLSS)

4. Beneficiary-Led Construction (BLC)

The ISSR component of the scheme aims to provide basic amenities like water supply, sanitation, electricity, etc. to the existing slum dwellers, while also redeveloping the slum area to provide pucca houses to the slum dwellers.

The AHP component of the scheme aims to provide affordable housing to the economically weaker sections of the society through public-private partnerships (PPP). The government provides central assistance of Rs. 1.5 lakh per unit to the private sector and non-profit organizations to build affordable housing.

The CLSS component of the scheme provides credit-linked subsidy to the eligible beneficiaries, which reduces the interest rate on their home loans, making it easier for them to afford a house.

The BLC component of the scheme provides assistance to the eligible beneficiaries to construct their own houses on their own land or on land provided by the government.

Pradhan Mantri Awas Yojana (Rural):

The rural component of the Pradhan Mantri Awas Yojana aims to provide pucca houses to the homeless and those living in kutcha houses in rural areas. The scheme provides central assistance of Rs. 1.2 lakh per unit for the construction of a pucca house. The government has also provided a subsidy of Rs. 1.3 lakh to the beneficiaries who wish to take a loan for the construction of the house.

The Pradhan Mantri Awas Yojana (Rural) has two components:

1. Indira Awaas Yojana (IAY)

2. Pradhan Mantri Awas Yojana PMAY (Gramin)

The IAY component of the scheme was a predecessor to the PMAY (Rural), which aimed to provide houses to the homeless and those living in kutcha houses in rural areas. The scheme provided central assistance of Rs. 70,000 per unit.

The PMAY (Gramin) component of the scheme aims to provide pucca houses to the homeless and those living in kutcha houses in rural areas. The scheme provides central assistance of Rs. 1.2 lakh per unit for the construction of a pucca house.

Conclusion:

The Pradhan Mantri Awas Yojana is a commendable initiative by the Indian government to provide affordable housing to the economically weaker sections of the society. The scheme aims to not only provide shelter to the homeless and those living in kutcha houses but also to improve the living conditions of the existing slum dwellers.

With the aim of building 2 crore houses across the country by 2022, the scheme has made significant progress in achieving its goal, but there is still a long way to go. It is essential that the scheme is implemented effectively and efficiently, and the benefits reach the intended beneficiaries. By providing a safe and secure place to live, the scheme is not only fulfilling a basic human need but also contributing to the overall development of the country.

What is PMAY?

Ans: PMAY stands for Pradhan Mantri Awas Yojana. It is a housing scheme launched by the Indian government in 2015 to provide affordable housing to the economically weaker sections of the society.

What are the two components of PMAY?

Ans: The two components of PMAY are PMAY (Urban) and PMAY (Rural).

Who is eligible for PMAY (Urban)?

Ans: The scheme aims to provide housing to the urban poor, including slum dwellers, through various means. The eligibility criteria depend on the component of the scheme.

What is ISSR in PMAY (Urban)?

Ans: ISSR stands for In-Situ Slum Redevelopment. It is a component of PMAY (Urban) that aims to provide basic amenities like water supply, sanitation, electricity, etc., to the existing slum dwellers, while also redeveloping the slum area to provide pucca houses to the slum dwellers.

What is the subsidy provided under PMAY (Urban)?

Ans: PMAY (Urban) provides credit-linked subsidy to the eligible beneficiaries, which reduces the interest rate on their home loans, making it easier for them to afford a house.

What is PMAY (Rural)?

Ans: PMAY (Rural) is the rural component of the PMAY, which aims to provide pucca houses to the homeless and those living in kutcha houses in rural areas.

What is the subsidy provided under PMAY (Rural)?

Ans: The government has provided a subsidy of Rs. 1.3 lakh to the beneficiaries who wish to take a loan for the construction of the house under PMAY (Rural).

What is the aim of PMAY?

Ans: The aim of PMAY is to build 2 crore houses across the country by 2022, under the ‘Housing for All by 2022’ program.

Who implements PMAY (Urban)?

Ans: The urban component of PMAY is implemented by the Ministry of Housing and Urban Affairs.

Who implements PMAY (Rural)?

Ans: The rural component of PMAY is implemented by the Ministry of Rural Development.