Union Cabinet approved Higher Funds for Indira Awaas Yojana

Jan 11, 2013 16:07 IST

The Union Cabinet on 10 January 2013 approved the Ministry of Rural Development’s proposal to increase the unit cost under Indira Awaas Yojana (IAY), keeping under consideration the sharp increase in the cost of materials.
As per the approved cost, unit assistance under the scheme in plain areas had been increased from 45000 to 70000 rupees and for the hilly and difficult areas it had been increase from 48500 to 75000 rupees.
The enhancement of unit assistance provided for homestead site to rural below poverty line (BPL) had been increased from 10000 rupees to 20000 rupees. The unit assistance is provided to those households who have neither agricultural land nor a house site.

Indira Awas Yojana is a major scheme of the Ministry of Rural Development which directly aims at addressing rural housing issues by providing grant for constructionand upgradation of dwelling units of BPL families. The priority is especially given to Scheduled Castes/Scheduled Tribes, freed bonded labourers and physically challenged persons with financial assistance.

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Read more Current Affairs on: Union Cabinet , Indira Awaas Yojana , (BPL) .

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