Pradhan Mantri Awas Yojana (Urban) subsidy availed by 2.75 lakh home buyers

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Around 2.75 lakh beneficiaries have availed a subsidy scheme under the Pradhan Mantri Awas Yojana (Urban), with Gujarat topping the chart, the government said on 30 November, 2018. Maharashtra and Madhya Pradesh had the most number of beneficiaries under the Credit Linked Subsidy Scheme (CLSS) after Gujarat.

Over 88,000 beneficiaries have been disbursed CLSS in Gujarat, while 74,000 people have availed the subsidy in Madhya Pradesh in three categories – economically weaker section (EWS), low income group (LIG) and middle income group (MIG) categories under the PMAY (U).

Union Housing and Urban Affairs Secretary said more than 15,000 beneficiaries have got CLSS in Madhya Pradesh and Uttar Pradesh each, followed by Tamil Nadu with 12,000 beneficiaries. Under the CLSS, the Union Housing and Urban Affairs Ministry provides a subsidy of up to Rs 2.67 lakh to the beneficiaries.

The Pradhan Mantri Awas Yojana (Urban) has four components — CLSS, In Situ Slum Redevelopment (ISSR), Affordable Housing in Partnership (AHP) and Beneficiary Led Construction (BLC). Under these the government provides central assistance to beneficiaries to construct their own houses.