PMAY (Urban) generated over 2 crore jobs across India: Government

PMAY
Pradhan Mantri Awas Yojana Created Over 6 Crore Jobs

The government on Tuesday told the Lok Sabha that The Pradhan Mantri Awas Yojana (Urban) launched by the BJP government has reportedly generated employment for more than six crore people across the country.

Hardeep Singh Puri, the Union Minister of State with Independent Charge in the Ministry of Housing and Urban Affairs gave a written response to a question in the Lower House.

He cited a study report of 2014 issued by the National Council of Applied Economic Research (NCAER). The report says that for every Rs 1 lakh invested in the housing sector, 2.65 new jobs are created in the country. So it can be estimated that nationwide a total of 6.07 crores jobs might have been generated through PMAY(U).

Also, it was mentioned in the response that the jobs referred to by the ministry are considered irrespective of their duration.

Pradhan Mantri Awaas Yojana(Urban) was launched in June 2015 by Prime Minister Narendra Modi. The scheme aims at providing affordable housing for urban poor. It calls for “Housing for all by 2022”.

Under PMAY(U), the Centre has proposed to build 1 crore houses for urban poor across the country by the year 2022. It includes Economically Weaker Sections and Low Income Groups in urban areasA financial assitance of 2 lakh crore will be provided by the Centre for efficient implementation of the scheme.

Official figures reveal that till December 12, the government has approved  65,43,970 houses across the country for construction under the PMAY(U). Out of the total, 35,49,531 houses have been grounded for construction. Also, 12,26,530 houses have been completed and out of the completed ones,  12,19,549 have been occupied by the beneficiaries.

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