house + money_pmAs per the new announcement by the government, it is most expected to pay Rs.1.5 lakh to every family which comes in the category of EWS (Economically Weaker Section) and is buying a house constructed on a private land. This kind of assistance is new to the houses developed on a private land since till date, this assistance was given only for the houses that were constructed on government’s land or any land by municipal bodies.

The Union Housing Minister, Mr. M Venkaiah Naidu said that the ministry is contemplating the option and decision after some affordable projects were launched by private developers.
Naidu clearly emphasized on all the initiatives taken by the Modi government to provide a home to all the people living in urban area with his vision of Housing for All by 2022. While mentioning the number of affordable houses sanctioned by the ministry, he also said that Modi government has actually proved itself by making a difference.

Around 17.73 lakh affordable homes have been given the approval in around 2008 towns and cities, in comparison to the previous government, which was only able to approve 13.82 lakh affordable houses in 10 years.

To achieve the target and vision of Housing for All by 2022, the government has been targeting 15 union territories to achieve the target in those particular areas by 2019. Such Union States and Union Territories names include –

•Arunachal Pradesh
•Himachal Pradesh
•Jammu and Kashmir
•Andaman and Nicobar Islands
•Daman and Diu
•Dadra and Nagar Haveli

The remaining states will be worked upon by 2022.