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National News

Dec 31, 2018
4:09PM

Loan subsidy for middle-income group extended till March 2020

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Minister for Housing and Urban Affairs Hardeep Singh Puri on Monday said that the Pradhan Mantri Awas Yojana, PMAY loan subsidy for middle-income group has been extended till 31st March 2020. 


Briefing media in New Delhi, Mr Puri said, about one lakh beneficiaries have taken benefit of the scheme so far. 


He said, under PMAY, 68.7 lakh houses have been sanctioned, 37 lakh houses have been grounded and 13.5 lakh have been completed and handed over. 


Mr Puri said, an investment of 3.85 lakh crore rupees has been envisaged under the mission. 


The Minister said, more than 6 thousand 9 hundred crore rupees interest subsidy on housing loans have been disbursed to over 3.14 lakh beneficiaries of Credit Linked Subsidy Scheme CLSS under Pradhan Mantri Awas Yojana (Urban).

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