Target of 'Housing for All' to be achieved by 2020!

News Bharati    25-Jun-2019
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New Delhi, Jun 25: Housing and Urban Affairs Minister Hardeep Puri has expressed confidence that the target of completion of constructions of all houses under Pradhan Mantri Awas Yojana -Urban will be achieved by the end of 2020 as against the target of 2022.
 
 
 
 
Past four years of Urban Transformation has witnessed giant strides by the flagship Missions and programs of the Ministry of Housing & Urban Affairs.
 
 
The Missions of Pradhan Mantri Awas Yojana (Urban), Atal Mission for Rejuvenation and Urban Transformation & Smart City Mission are not only transforming the Urban Landscape of the country but also ensuring ease of living for the citizens. As compared to the overall investment of Rs 1.57 lakh crore during 2004-14, the investment in Urban rejuvenation during 2014-19 is Rs 10.31 lakh crore which translates into 554% increase.
 
 
 
 
 
 
The investment in PMAY(U), AMRUT & SCM is about Rs.8 lakh crore. The Missions being implemented in the Ministry of Housing and Urban Affairs are way ahead of the targets and timelines. The transformation and impact for the cities will continue to be the focus in the coming years.
 
 
 
 
 
Mr. Puri said this while addressing media in New Delhi on the occasion of the fourth anniversary of Urban Missions of PMAY(U), Smart Cities Mission and Atal Mission for Rejuvenation -AMRUT.
 
 
Mr. Puri said, the validated demand for total houses under the scheme is one crore and so far more than 81 lakh houses have been sanctioned.
 
 
He said, sanctioning of all the houses will be made by 1st quarter of next year. Mr. Puri expressed hope that all the houses will be handed over to the beneficiaries by 2020.
 
 
The Minister said an investment of eight lakh crore rupees has been made in these three schemes of PMAY, Smart Cities and AMRUT.