NEW DELHI: Subsidy of over Rs 12,000 crore has been allotted to homebuyers until March underneath the government's Credit Linked Subsidy Scheme, the union housing and urban affairs ministry has said in reply to an RTI question.
The Pradhan Mantri Awas Yojana (Urban), launched by Prime Minister Narendra Modi in June 2015, aims to ensure "housing for all by 2022" by providing financial help to beneficiaries.
Under the Credit Linked Subsidy Scheme (CLSS), the Centre supplies hobby subsidy of as much as around Rs 2.67 lakh on house loans to individuals, which reduces the main remarkable amount of the mortgage.
"Under the CLSS component of PMAY (U), as on March 31, 2019, interest subsidy of Rs 12,717 crore has been released across the country," the RTI reply said.
PMAY (U) has four components -- CLSS, In Situ Slum Redevelopment, Affordable Housing in Partnership and Beneficiary Led Construction -- underneath which the ministry supplies central help to beneficiaries to build their own houses.
The Pradhan Mantri Awas Yojana (Urban), launched by Prime Minister Narendra Modi in June 2015, aims to ensure "housing for all by 2022" by providing financial help to beneficiaries.
Under the Credit Linked Subsidy Scheme (CLSS), the Centre supplies hobby subsidy of as much as around Rs 2.67 lakh on house loans to individuals, which reduces the main remarkable amount of the mortgage.
"Under the CLSS component of PMAY (U), as on March 31, 2019, interest subsidy of Rs 12,717 crore has been released across the country," the RTI reply said.
PMAY (U) has four components -- CLSS, In Situ Slum Redevelopment, Affordable Housing in Partnership and Beneficiary Led Construction -- underneath which the ministry supplies central help to beneficiaries to build their own houses.
Over Rs 12,000 crore subsidy disbursed to homebuyers: Government
![Over Rs 12,000 crore subsidy disbursed to homebuyers: Government]()
Reviewed by Kailash
on
May 01, 2019
Rating:
