'Housing for All' programme envisages 2cr houses across the nation by 2022
Updated: Jan 22, 2015 12:29:15pm
New Delhi, Jan 22 (KNN) As a follow up of the announcement made in the Budget 2014-15 to provide low cost affordable housing for all, Prime Minister, Narendra Modi on Wednesday chaired a review meeting on the goal of ‘Housing for All’ by 2022.
“The meeting was to finalise the contours of the Housing for All Mission, which is one of the priority commitments of the Government,” an official release said.
The programme proposes to build 2 crore houses across the nation by 2022. This would cover both slum housing and affordable housing for weaker sections. It will cover urban poor living in slums, urban homeless and new migrants to urban areas in search of shelter. It would cover metros, small towns and all urban areas.
The programme would begin with a baseline survey to assess the demand for such housing and identify resource requirements. The houses that need to be built are over 6 lakhs in Delhi, 16 lakhs in Mumbai, 4 lakhs in Chennai and 4 lakhs in Kolkata. These figures may go up after the demand assessment is completed, it said.
In addition, the Programme involves an urban reform component to generate the resources and capacities for urban housing, a set of guidelines, an element of government support and a significant contribution from beneficiaries, in addition to bank financing.
Significantly, a large portion of the programme will be financed in a PPP mode by leveraging land and other resources in urban areas. A large number of process improvements and policy changes are also inherent in the programme.
During the meeting, the PM directed all concerned departments to immediately finalise the programme and finalise the financing models for alternate sets of housing requirements. He emphasized the need to ensure that there is no compromise in quality during the roll-out of this ambitious programme.
He further directed that safety concerns of specific areas, such as coastal zones, eco-sensitive zones and disaster-prone areas be factored into the planning process in cities. He said existing success stories and innovative technologies must be carefully studied so that the best practices can be adopted during the implementation of the scheme.
However, first priority under the new scheme should be on towns and cities along the banks of the River Ganga and its tributaries, the PM said.
The ‘Housing for All’ programme was mentioned in the President’s Address to Parliament in June 2014 where he said “By the time the nation completes 75 years of its Independence, every family will have a pucca house with water connection, toilet facilities, 24x7 electricity supply and access.”
The same commitment was made in the Budget for 2014-15 where the Finance Minister had announced a ‘Housing for All’ programme.
The Finance Minister had said “Our government is committed to endeavour to have housing for all by 2022. For this purpose, I intend to extend additional tax incentive on home loans to encourage people, especially the young, to own houses. I propose setting up a Mission on Low Cost Affordable Housing which will be anchored in the National Housing Bank. Schemes will be evolved to incentivize the development of low cost affordable housing.”
In pursuance of this commitment, the Prime Minister has been holding a series of meetings to give shape to this vision and commitment.
Dignitaries who attended the meeting were Minister for Urban Development, Venkaiah Naidu, Minister of State for Urban Development, Babul Supriyo and senior officials. (KNN/ES)
“The meeting was to finalise the contours of the Housing for All Mission, which is one of the priority commitments of the Government,” an official release said.
The programme proposes to build 2 crore houses across the nation by 2022. This would cover both slum housing and affordable housing for weaker sections. It will cover urban poor living in slums, urban homeless and new migrants to urban areas in search of shelter. It would cover metros, small towns and all urban areas.
The programme would begin with a baseline survey to assess the demand for such housing and identify resource requirements. The houses that need to be built are over 6 lakhs in Delhi, 16 lakhs in Mumbai, 4 lakhs in Chennai and 4 lakhs in Kolkata. These figures may go up after the demand assessment is completed, it said.
In addition, the Programme involves an urban reform component to generate the resources and capacities for urban housing, a set of guidelines, an element of government support and a significant contribution from beneficiaries, in addition to bank financing.
Significantly, a large portion of the programme will be financed in a PPP mode by leveraging land and other resources in urban areas. A large number of process improvements and policy changes are also inherent in the programme.
During the meeting, the PM directed all concerned departments to immediately finalise the programme and finalise the financing models for alternate sets of housing requirements. He emphasized the need to ensure that there is no compromise in quality during the roll-out of this ambitious programme.
He further directed that safety concerns of specific areas, such as coastal zones, eco-sensitive zones and disaster-prone areas be factored into the planning process in cities. He said existing success stories and innovative technologies must be carefully studied so that the best practices can be adopted during the implementation of the scheme.
However, first priority under the new scheme should be on towns and cities along the banks of the River Ganga and its tributaries, the PM said.
The ‘Housing for All’ programme was mentioned in the President’s Address to Parliament in June 2014 where he said “By the time the nation completes 75 years of its Independence, every family will have a pucca house with water connection, toilet facilities, 24x7 electricity supply and access.”
The same commitment was made in the Budget for 2014-15 where the Finance Minister had announced a ‘Housing for All’ programme.
The Finance Minister had said “Our government is committed to endeavour to have housing for all by 2022. For this purpose, I intend to extend additional tax incentive on home loans to encourage people, especially the young, to own houses. I propose setting up a Mission on Low Cost Affordable Housing which will be anchored in the National Housing Bank. Schemes will be evolved to incentivize the development of low cost affordable housing.”
In pursuance of this commitment, the Prime Minister has been holding a series of meetings to give shape to this vision and commitment.
Dignitaries who attended the meeting were Minister for Urban Development, Venkaiah Naidu, Minister of State for Urban Development, Babul Supriyo and senior officials. (KNN/ES)
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