Centre approves development of 1.07 lakh homes in 5 states under PMAY(U)

• The Union authorities has authorised the development of 1.07 lakh homes in 5 states, together with Maharashtra and Madhya Pradesh, underneath the Pradhan Mantri Awas Yojana (City), based on a press release on Friday. The approval was given on Thursday by the Central Sanctioning and Monitoring Committee (CSMC) chaired by Union Housing and Urban Affairs Secretary Durga Shanker Mishra.

• The Union Housing and Urban Affairs Ministry stated venture proposals for 1.07 lakh homes had been authorised for development from Andhra Pradesh, Madhya Pradesh, Maharashtra, Puducherry and Uttarakhand underneath numerous verticals of the Pradhan Mantri Awas Yojana (City).

• In line with the assertion, the secretary additionally reviewed the progress of implementation of PMAY-U in different states.

• The ministry stated the entire variety of sanctioned homes underneath the mission is now ₹1.14 crore, of which round 91 lakh have been grounded for development and greater than 53 lakh have been accomplished and delivered to the beneficiaries.

• The whole investment under the mission is ₹7.52 lakh crore with central help of Rs 1.85 lakh crore. To this point, central help amounting to ₹1.14 lakh crore has already been launched, it stated.

• The Housing and City Affairs secretary directed the states and Union territories to expedite the development of homes, including that grounding ought to be the primary accountability of states and UTs.