Housing for All by 2022: MP Government’s bonanza for urban poor
Bhopal: The Madhya Pradesh Cabinet, presided by Chief Minister Shivraj Singh Chouhan, today took the decision to give a grant of Rs. 2 lakh each to the urban poor who live in slums. This would be in addition to the grant of Rs. 1.5 lakh available to them under the Prime Minister’s Housing scheme.
For the benefit of the poor not residing in urban slums, the State Cabinet has taken the decision to offer a grant a Rs. 1 lakh besides Rs. 1.5 lakh available to them as central grant for constructing their own dwelling units. This is to achieve the target of “Housing for All by 2022”.
“Housing for All by 2022” – National Mission for Urban Housing
The Union Cabinet chaired by the Prime Ministe Narendra Modi, on June 17 this year had given its approval for launch of “Housing for All by 2022” aimed for urban areas with following components/options to States/Union Territories and cities:
a) Slum rehabilitation of Slum Dwellers with participation of private developers using land as a resource;
b) Promotion of affordable housing for weaker section through credit linked subsidy;
c) Affordable housing in partnership with Public & Private sectors and
d) Subsidy for beneficiary-led individual house construction or enhancement.
Central grant of Rs. one lakh per house, on an average, will be available under the slum rehabilitation programme. 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 upto a tenure of 15 years will be provided to EWS/LIG categories, wherein the subsidy pay-out on NPV basis would be about Rs.2.3 lakh per house for both the categories. Central assistance at the rate of Rs.1.5 lakh per house for EWS category will be provided under the Affordable Housing in Partnership 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.
The scheme will be implemented as a Centrally Sponsored Scheme except the credit linked subsidy component, which will be implemented as a Central Sector Scheme. The Mission also prescribes certain mandatory reforms for easing up the urban land market for housing, to make adequate urban land available for affordable housing. 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.
The scheme 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 as follows, viz. 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.