Monetary Assistance under IAY Hiked and Centre's share of Funds Transferred to States

Monetary assistance under under the Indira Awas Yojana has been hiked by 25000 rupees by the Union Government following the agreement signed in Agra.

May 14, 2013 09:44 IST
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The Union Government of India on 13 May 2013 hiked the monetary assistance by 25000 rupees under the Indira Awas Yojana (IAY), the housing scheme for the poor, giving priority to the scheduled castes, tribes and minorities. The cost for 250 square foot housing unit has gone up to 70000 rupees in plain areas and 75000 rupees in hilly and difficult areas from 45000 rupees.

The Union Government under the new guidelines of the Indira Awas Yojna has decided to transfer the share of its funds to the State Governments rather than making a district based allocation. The Union Government’s assistance got procurement of a homestead site to the states has been doubled for landless poor from 10000 rupees to 20000 rupees.

The changes has been brought in following the agreement reached between the Government and the Jan Satyagraha on 11 October 2012 at Agra, also known as the Agra Agreement on Land Reforms in which 10-point agreement was signed by the Rural Development Minister Jairam Ramesh at Agra.

Indira Awas Yojna (IAY)

Indira Awas Yojna is a flagship scheme of the Union Ministry of Rural Development to address the rural housing needs of providing grants for construction and upgradation of dwelling units of BPL families. Indira Awaas Yojana (IAY) was launched in May 1985 as a sub-scheme of Jawahar Rozgar Yojana. It is being implemented as an independent scheme since 1 January 1996.

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