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Which of the following are the components of the Pradhan Mantri Awas Yojana-Urban?
- a)Rehabilitation of existing slum dwellers through private participation
- b)Credit Linked Subsidy Scheme (CLSS) for Economically Weaker Sections, Lower Income Groups, and middle-income group (MIG)
- c)Affordable housing in partnership
- d)Subsidy for beneficiary-led individual house construction
- e)All of the above are the components of the scheme
Correct answer is option 'E'. Can you explain this answer?
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Which of the following are the components of the Pradhan Mantri Awas ...
The Pradhan Mantri Awas Yojana (Urban) Programme launched by the Ministry of Housing and Urban Poverty Alleviation (MoHUPA), in Mission mode envisions the provision of Housing for All by 2022 when the Nation completes 75 years of its Independence.
The following are the four components of the Pradhan Mantri Awas Yojana-Urban-
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Which of the following are the components of the Pradhan Mantri Awas ...
Pradhan Mantri Awas Yojana-Urban is a government scheme in India aimed at providing affordable housing to urban poor. It was launched in June 2015 with the objective of ensuring housing for all by the year 2022. The scheme has several components, which are as follows:
1. Rehabilitation of existing slum dwellers through private participation: This component focuses on the redevelopment of existing slums by involving private developers. Under this component, slum dwellers are provided with better quality housing and basic amenities. The private developer is responsible for constructing the new housing units and is compensated through the sale of a portion of the land for commercial development.
2. Credit Linked Subsidy Scheme (CLSS) for Economically Weaker Sections, Lower Income Groups, and middle-income group (MIG): This component aims to provide interest subsidies on home loans to different income groups. The scheme provides interest subsidies ranging from 3% to 6.5% depending on the income category. This subsidy reduces the burden of home loan repayment for the beneficiaries and makes housing more affordable.
3. Affordable housing in partnership: This component promotes public-private partnerships for the development of affordable housing projects. Under this component, the government provides financial assistance to private developers for the construction of affordable housing units. The government also provides land at a concessional rate for these projects.
4. Subsidy for beneficiary-led individual house construction: This component focuses on providing financial assistance to individual beneficiaries for the construction or enhancement of their own houses. The subsidy amount is transferred directly to the beneficiaries' bank accounts, which they can use for the construction or improvement of their houses.
5. All of the above are the components of the scheme: The correct answer is option 'E'. All of the above components are part of the Pradhan Mantri Awas Yojana-Urban. These components work together to address different aspects of affordable housing and ensure that housing is accessible and affordable for all sections of society.
1. Rehabilitation of existing slum dwellers through private participation: This component focuses on the redevelopment of existing slums by involving private developers. Under this component, slum dwellers are provided with better quality housing and basic amenities. The private developer is responsible for constructing the new housing units and is compensated through the sale of a portion of the land for commercial development.
2. Credit Linked Subsidy Scheme (CLSS) for Economically Weaker Sections, Lower Income Groups, and middle-income group (MIG): This component aims to provide interest subsidies on home loans to different income groups. The scheme provides interest subsidies ranging from 3% to 6.5% depending on the income category. This subsidy reduces the burden of home loan repayment for the beneficiaries and makes housing more affordable.
3. Affordable housing in partnership: This component promotes public-private partnerships for the development of affordable housing projects. Under this component, the government provides financial assistance to private developers for the construction of affordable housing units. The government also provides land at a concessional rate for these projects.
4. Subsidy for beneficiary-led individual house construction: This component focuses on providing financial assistance to individual beneficiaries for the construction or enhancement of their own houses. The subsidy amount is transferred directly to the beneficiaries' bank accounts, which they can use for the construction or improvement of their houses.
5. All of the above are the components of the scheme: The correct answer is option 'E'. All of the above components are part of the Pradhan Mantri Awas Yojana-Urban. These components work together to address different aspects of affordable housing and ensure that housing is accessible and affordable for all sections of society.
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Which of the following are the components of the Pradhan Mantri Awas Yojana-Urban?a)Rehabilitation of existing slum dwellers through private participationb)Credit Linked Subsidy Scheme (CLSS) for Economically Weaker Sections, Lower Income Groups, and middle-income group (MIG)c)Affordable housing in partnershipd)Subsidy for beneficiary-led individual house constructione)All of the above are the components of the schemeCorrect answer is option 'E'. Can you explain this answer?
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