Pradhan Mantri Awas Yojana (Urban) was launched in June 2015 with an aim to provide affordable housing to urban poor.
The Mission will be implemented during 2015-2022 and will provide central assistance to Urban Local Bodies (ULBs) and other implementing agencies through States/UTs. This Mission has four components:
In-situ Slum Redevelopment with private sector participation using land as resource.
Affordable Housing through Credit Linked Subsidy.
Affordable Housing in Partnership with private and public sector.
Beneficiary led house construction/enhancement.
Under PMAY:
The government has identified 305 cities and towns in 9 states for construction of houses for urban poor.
It is proposed to build 2 crore houses for urban poor including Economically Weaker Sections and Low Income Groups in urban areas by the year 2022.
A financial assistance of ₹2 trillion (US$30 billion) from central government is being provided.
Other features of Pradhan Mantri Awas Yojana
The houses given under this scheme will be owned by females or jointly with males.
The houses under Pradhan Mantri Awas Yojana would be constructed through a technology that is eco-friendly.
While allotting ground floors in any housing scheme under PMAY, preference will be given to differently abled and older persons.
Rajiv Awas Yojana (RAY) was an Indian government program that aimed to help slum dwellers gain appropriate housing and address the processes by which slums are created and reproduced. It was introduced by the Indian Government’s Ministry of Housing and urban poverty Alleviation. The programme was a Centrally Sponsored Scheme, which ran from 2013 to 2014. The scheme aimed to make India slum-free by 2022 by providing people with shelter or housing, free of cost.
