Punjab Only Halfway Through Centre’s Urban Hsg Scheme, ET RealEstate

August 27, 2023

CHANDIGARH: Of Punjab’s 23 districts, 12 have failed to complete even half of the pucca houses sanctioned under central government’s flagship scheme Pradhan Mantri Awas Yojana (Urban) that the housing ministry is implementing since 2015. There’s a question mark on the state’s ability to deliver these houses before the 2024 deadline.

The housing ministry released the data in the Rajya Sabha while responding to a query from Aam Aadmi Party’s MP Sanjeev Arora. The figures suggest that Pathankot was least successful participant with a meagre 19% completion rate, since out of the 2,191 authorised houses, it finished a mere 424. Out of Rs 31.62 crore sanctioned for Pathankot as central assistance, the district received Rs 12.38 crore and used Rs 7.59 crore.

Barnala delivered just 673 houses out of 3,177, while Gurdaspur finished just 852 out of 3,970, which gives both districts a second worst completion rate of 21%. Tarn Taran has 910 out of 3,631 authorized houses near completion, at a rate of 25%. The other districts to have fallen short of the halfway mark include Nawanshahr (29%), Malerkotla (30%), Muktsar (35%), Ferozepur (35%), Faridkot (41%), Mansa (42%), Kapurthala (47%), Amritsar (48%), and Fazilka (49%). The state has managed to build only 75,704 houses out of the 1,32,235 that were sanctioned, for an overall completion rate of 57%, which is way behind the national average of 76%. Mohali has the highest completion rate of 90%, followed by Ropar at 77%.Of the total allocation of Rs 2,342.88 crore, the state has received Rs 1,646.49 crore and used up Rs 1,051.52 crore. The central housing ministry informed the Rajya Sabha that the PMAY-U’s duration had been extended from March 31, 2022, to December 31, 2024. This extension applies to all houses sanctioned by March 31, 2022, except for the credit-linked subsidy scheme (CLSS) vertical.

The funding structure and implementation approach will remain unchanged. Credit-linked subsidy is provided on home loans of between Rs 6 lakh and Rs 12 lakh, at lower rates of interest, to help beneficiaries build new homes or renovated old ones.

  • Published On Aug 19, 2023 at 11:00 AM IST

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