Rs 5,008 cr housing loan subsidy disbursed to 2.3 lakh CLSS beneficiaries : Govt

Speed Post News Network

New Delhi : Durga Shanker Mishra, Secretary, Ministry of Housing and Urban Affairs (HUA), on October 25, 2018, evening,  stated that a total of Rs 5,008 crore of housing loan subsidy has been disbursed to 2.3 lakh Credit Linked Subsidy Scheme (CLSS) beneficiaries till now under EWS/LIG and MIG categories.

Delivering the keynote address at a Consultation cum Strategy Meet on Credit Linked Subsidy Scheme vertical of Pradhan Mantri Awas Yojana (Urban) with Banks & Housing Finance Companies here lon October 25 evening, he updated them on the progress made under the PMAY(U) and emphasized the need for giving fillip to the vision of “Housing for All’ by 2022.

Dakshita Das, Managing Director & Chief Executive Officer, National Housing Bank (NHB), Amrit Abhijat, Joint Secretary & Mission Director, Housing for All (HFA), MoHUA, Dr Chandramani Sharma, Director (HFA), MoHUA, and Dr. Ashwani Tripathi, Executive Director, NHB, besides other officials from MoHUA, HUDCO and NHB participated in the meet. Amrit Abhijat emphasised on the critical role the bankers are playing in fulfilling the aspirations of people by providing loans for housing under PMAY(U)-CLSS as well as providing loans under various verticals of the scheme.

The Meet discussed the issues in the implementation of PMAY(U)-CLSS, the solutions and the way forward to meet the objectives of the Mission. The participants shared their experiences in implementing the PMAY(U) thereby contributing to cross-learning experiences. The participants agreed to contribute in “Housing for All” Mission.

Mishra assured the participants that sufficient funding for PMAY (U)-CLSS is available. He also told them that an arrangement of Rs 60,000 crore under National Urban Housing Fund (NUHF) has been provided as Extra Budgetary Resources (EBR) especially for PMAY (U) in addition to the budgetary grants to meet the housing demand. He also urged the bankers and the CNAs ( Central Nodal Agencies)  to proactively come forward in helping the potential beneficiaries realise their dream of having a house of their own, according to a PIB release.