PM launches Rs 30,000 crore construction activity for 5 lakh housing units in Chhattisgarh

Raipur, Chhattisgarh, DeshGujarat

Prime Minister Shri Narendra Modi today asked states to come forward and select the land to execute the housing scheme launched by Government of India.

He was speaking at foundation stone laying function of housing projects that are to be built through Pradhan Mantri Awas Yojana in Chhattisgarh state.

He said government has planned to construct 5 crore housing units by year 2022 when India will complete 75 years of independence.

“It’s a huge task and lot of human resources will be needed to complete it, but it will boost employment and economic activities,” Prime Minister said.

He said there are 5 crore families for whom construction of housing unit is needed. Of them 2 crore are in cities while 3 crore in villages. They are not able to construct their house on their own as they don’t have land or money.

Prime Minister said Mudra Bank which is a scheme for small businessmen offers Rs 50,000 to Rs 10 lakh loan without guarantee. 20 crore people have been benefited from this scheme that has offered Rs 1 lakh crore loan without guarantee so far so that beneficiaries can boost their business and provide employment to poor.

There’s a concept of private sector and public sector, but the third one is personal sector where each person may become an entrepreneur. Mudra Bank scheme is for finance and Skill development mission is for skill – with combination of two we want to create a positive market environment, Modi said adding that out of 2 crore beneficiaries, 70% are from SC/ST/OBC classes, Shri Modi further said.

Highlights:

– PMAY was launched on 17 June 2015
– 36 towns of Chhattisgarh will witness Rs 30,000 crore construction of 5 lakh housing units.
– Chhattisgarh is the first state where construction of 27,000 housing units at a cost of Rs 1900 crore cost has been approved.
– Centre will give Rs 1.50 lakh grant for Economically Weaker Section(EWS) housing unit and 6.50% interest loan for Low Income Group(LIG) housing unit.
– Construction of 40,000 housing units will take place under Naya Raipur Mukhyamantri Awas Yojana.
– The state government will from its side offer Rs 1.50 lakh grant for EWS housing unit in New Raipur and Rs 50,000 additional grant for LIG housing unit construction in New Raipur. Thus EWS unit will get Rs 3 lakh and LIG unit will also get Rs 3 lakh total grant.
– The state government has waived stamp duty for this project and allotted 300 acre land worth Rs 300 crore for a cost of Re. 1 per square ft in New Raipur.

– DeshGujarat