The Government of India launched various schemes that provide financial assistance to citizens, allowing them to build their own houses.
Housing Programs Support Urban and Rural Families
Housing for All: How Housing Programs Support Urban and Rural Families?
Housing for all is an initiative by the central and State governments of India to provide affordable housing to all citizens to do not have a permanent house. To implement the Housing for All initiative, the Government of India launched various schemes that provide financial assistance to citizens, allowing them to build their own houses. Through this initiative, the Government of India eliminates the number of homeless citizens in the country and makes sure every citizen has a proper roof over their head. The government specifically targets the citizens who are living below the poverty line and are unable to purchase their own houses.
Top 5 Housing Programs in India
Awas Yojana Urban and Rural
One of the most popular and glorious schemes launched by the government of India to provide affordable housing to the citizens is Pradhan Mantri Awas Yojana, Urban and Rural. With the help of Housing Scheme, the central government of India targets are large number of citizens who do not have a permanent house and live homeless. Till now, the central government of India has built a total of 4.21 crore houses under Pradhan Mantri Awas Yojana Urban and Rural.
CIDCO
CIDCO or the City and Industrial Development Corporation of Maharashtra Limited. CIDCO works under the Maharashtra State Government for the residential and industrial infrastructure development in the state. It was established in 1970 to develop a satellite town for Mumbai. Now, CIDCO functions as a New Town Development Authority and Special Planning Authority, focusing on planning, developing, and managing urban infrastructure, including large-scale projects like Navi Mumbai International Airport and Navi Mumbai Metro.
MHADA
MHADA stands for Maharashtra Housing and Area Development Authority. It is a government organisation of Maharashtra state and his responsible for providing affordable housing to the citizens who do not have proper income stability in the state. MHADA's Main objective is to construct and provide housing units through a lottery system to make sure every citizens have a fair chance to get a house.
YEIDA
YEIDA stands for the Yamuna Expressway Industrial Development Authority, a government body in Uttar Pradesh, India. It is a government body that is responsible for planning and implementing various YEIDA Development Projects along the Yamuna Expressway and surrounding areas, including residential projects, infrastructure, and related activities. The primary goal of this body is to significantly enhance the infrastructure around the Yamuna Expressway.
DDA
The Delhi Development Authority is a government body that is designed to provide an affordable housing scheme to the citizens world living in Delhi and the Noida region. The DDA is launching various housing schemes that are designed to fulfill the modern needs of the citizens and allow them to get affordable housing. Not only affordable the DDA also launches various housing schemes for middle-class and upper-class citizens with premium facilities.
Indiramma Housing
Launched by the Telangana state government, the Indiramma Housing is a scheme that is designed to provide financial assistance to citizens for the construction of their houses. The Telangana state government aims to provide financial assistance of INR 5 lakh to each citizen selected under the scheme for the construction of houses. The financial assistance will be given and installments based on the progress of the house.
Purpose of Building More Affordable Homes
The primary purpose of building more affordable housing is to solve the housing crisis and ensure every citizen of India has access to a safe and suitable house. The affordable housing initiative tackles the rising problem of low-income individuals and families who do not have a permanent house and live on the streets. By building more affordable houses, the central government of India also creates employment opportunities for unskilled and semi-skilled workers.
Salient Features
- Primary focus: The Government of India puts primary focus on EWS, LIG, and MIG citizens under the affordable housing scheme.
- Subsidies: The central government of India provides credit-linked subsidies on home loans, reducing the effective interest burden for beneficiaries.
- Eliminate homelessness: With the help of these schemes, the Government of India will significantly reduce the number of homeless citizens in the country.
- Citizens of India: According to the information, a total of 4.21 crore citizens of India receive houses under the PMAY scheme.
How Housing Programs Support Urban and Rural Families?
Housing program in India plays a pivotal role in supporting both Urban and rural families by providing access to affordable, safe, and secure living spaces. Especially in the urban areas, these programs reduce slum areas and improve the standard of living by providing financial assistance for housing and other schemes. In rural areas, the scheme provides financial assistance for the construction or upgrading of homes, ensuring access to basic amenities such as toilets, electricity, and clean water. By targeting economically weaker sections, these initiatives promote social inclusion and economic stability.
Conclusion
Because of the rising population in India, it is essential for the government to launch various housing schemes that are designed to provide support to the homeless citizens. With extensive schemes such as Pradhan Mantri Awas Yojana, rural and urban, the Government of India is tackling the problem of homelessness efficiently.
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