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New Delhi: The online application for residence under the Pradhan Mantri Awas Yojana has started from November 3, 2016. In a memorandum signed by joint secretary, ministry of housing and urban poverty alleviation (HUPA), Amit Abhijat and CEO of E-Governance Services Limited, Dinesh Tyagi, online submission of application will be available at 60,000 common services centres (CSCs) located in urban areas across India. The form will be available at a price of Rs 25.
Pradhan Mantri Awas Yojana, one of the key schemes of the Narendra Modi-led government, is gaining pace with every passing day. Under this scheme, the government has aimed at providing residence to every Indian citizen by the end of 2022 by ensuring construction of at least 2 crore houses.
The scheme is being implemented with the help of state governments and housing development authorities.
Aiming at the benefit of the economically weaker section of India, the Pradhan Mantri Awas Yojana ensures proper subsidies and facilities which will provide the best of both — residence and affordability to the citizens.
Let’s have a look at some of the plus-points of the scheme:
•    The scheme aims at people belonging to Low Income Group (LIG) and Economically Weaker Section (EWS). Also, the direct beneficiaries of the scheme are going to be women, scheduled castes and scheduled tribes.
•    Each beneficiary will be granted Rs 1,00,000 by the central government.
•    For promotion of housing stock, the central government will also be providing an additional financial aid of Rs 1,50,000.
•    Rs 1,50,000 will also be provided to the eligible poor from the urban sectors, in case they want to make some renovations or build house of their own.
•    Under the Pradhan Mantri Awas Yojana, the government will also be providing loans worth Rs 6,00,000, if needed, subjected to an interest rate of 6.5%. If a person applies for a loan above the said amount, then normal market interest rate will prevail on the amount above Rs 6 lakh.
Pradhan Mantri Awas Yojana is surely to fulfil the dreams of many of owning a home. Let’s see if the scheme on paper turns into reality by 2022.