Rural Housing Current Affairs - 2019
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The Union Cabinet has approved a new scheme for promotion of Rural Housing in the country. It will enable people in rural areas to construct new houses or add to their existing pucca houses to improve dwelling units.
Under it, Government will provide interest subsidy to every rural household who is not covered under the Pradhan Mantri Aawas Yojana (Grameen)-PMAY(G).
Features of Scheme
- It will be implemented by National Housing Bank (NHB). Under the scheme, the beneficiary will be provided interest subsidy for loan amount upto Rs. 2 Lakhs for taking loan.
- Government will provide net present value of interest subsidy of 3% to NHB upfront which will, in turn, pass it to the Primary Lending Institutions (Scheduled Commercial Banks, NBFCs etc.).
- Government will also take necessary steps for proper convergence of the scheme with PMAY-G including technical support to beneficiary through existing arrangements.
- It will improve housing stock in the rural areas, as well as create employment opportunities in rural housing sector.
Prime Minister Narendra Modi has launched the Pradhan Mantri Gramin Awas Yojana (PMAY-G), flagship housing for all scheme in Agra, Uttar Pradesh.
Under PMAY-G Government aims to provide affordable, environmentally safe and secure pucca house to every rural household living below the poverty line by 2022.
Features of Scheme
- PMAY-G is part Union Government’s flagship ‘Housing for All’ scheme and has replaced previous rural housing scheme Indira Awas Yojana
- The beneficiaries for this scheme will be selected through a completely transparent process using the Socio Economic Census 2011 data and validating it through the Gram Sabha.
- It uses ICT and space technology to further confirm correct selection of beneficiaries and progress of work.
- Under it, financial assistance will be provided for construction of dwelling units and upgradations of existing unserviceable kutcha houses.
- The entire payments will be done through transparent IT/DBT mode with Aadhaar linked Bank accounts with consent, to ensure complete transparency and accountability.
- The unit cost for houses has been increased with convergence of a minimum support of nearly Rs. 1.5 lakh to Rs. 1.6 lakh to a household is available. If the beneficiary desires, then there is also a provision of Bank loan upto Rs. 70,000.
- PMAY-G will be also serve as a major step forward in bringing together Skill India, Make In India, IT/DBT Aadhaar platform, Digital India and Pradhan Mantri Jan Dhan Yojana.
- The scheme allows over 200 different housing designs across country based on a detailed study of housing typologies, households’ requirements and environmental hazards.
- It will provide skilling for 5 lakh Rural Masons by 2019 and envisages large scale use of local materials.
- Houses built under the scheme will have cooking space, electricity provision, LPG, toilet and bathing area, drinking water etc through convergence.