The Union Cabinet on 17 June 2015 gave its approval for Housing for All by 2022 Mission aimed at providing housing facilities to all eligible people in urban areas by 2022.
It will be implemented as a Centrally Sponsored Scheme and the States and Union Territories (UTs) are given greater autonomy in execution of the mission.
In order to avoid duplicity, the Union Ministry of Housing and Urban Poverty Alleviation issued an order on 19 May 2015 cancelling the existing Rajiv Awas Yojana (RAY), Rajiv Rinn Yojana (RRY) and Affordable Housing in Partnership (AHP) schemes and subsuming them under the new mission.
Broad Components of Housing for All by 2022 Mission
• It has four components viz., slum rehabilitation, credit linked interest subsidy, affordable housing and beneficiary-led individual house construction or enhancement.
• States and Union Territories (UTs) can choose best options amongst four components of the mission to meet the demand of housing in their states. The process of project formulation and approval in accordance with Mission Guidelines would be left to the States, so that projects can be formulated, approved and implemented faster.
• Under the Slum rehabilitation component Union Government will provide grant of one lakh rupees per house. A State Government would have flexibility in deploying this slum rehabilitation grant to any slum rehabilitation project taken for development using land as a resource for providing houses to slum dwellers.
• Under the Credit Linked Interest Subsidy component interest subsidy of 6.5 percent on housing loans availed up to a tenure of 15 years will be provided to Economically Weaker Sections/ Lower Income Group (EWS/LIG) categories, wherein the subsidy pay-out on Net Present Value (NPV) basis would be about 2.3 lakh rupees per house for both the categories.
• Central assistance at the rate of 1.5 lakh rupees per house for EWS category will be provided under Affordable housing component in partnership with public and private sectors and Beneficiary-led individual house construction or enhancement. State Government or their para statals like Housing Boards can take up project of affordable housing to avail the Central Government grant.
General Highlights of the Mission
• It will be implemented as a Centrally Sponsored Scheme except the credit linked subsidy component, which will be implemented as a Central Sector Scheme.
• Houses constructed under the mission would be allotted in the name of the female head of the households or in the joint name of the male head of the household and his wife.
• It will cover the entire urban area consisting of 4041 statutory towns with initial focus on 500 Class I cities and it will be implemented in three phases Phase-I (April 2015 – March 2017) to cover 100 Cities to be selected from States/UTs as per their willingness, Phase – II (April 2017 – March 2019) to cover additional 200 Cities and Phase-III (April 2019 – March 2022) to cover all other remaining Cities.
• There will be flexibility in covering number of cities in various phases and inclusion of additional cities may be considered by the Union Ministry of Housing & Urban Poverty Alleviation in case there is demand from States and cities and have capacity to include them in earlier phases.
• Credit linked subsidy component of the scheme would be implemented across the country in all statutory towns from the very beginning.
• A Technology Sub-mission would be set up to facilitate adoption of modern, innovative and green technologies and building material for faster and quality construction of houses.
• Best practices in terms of affordable housing policies of the States/UTs designs and technologies adopted by States and Cities are compiled with an objective to spread best practices across States and cities and foster cross learning.
• A virtual platform will be developed to obtain suggestions and inputs on house design, materials, technologies and other elements of urban housing.
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When: 17 June 2015