Top
Begin typing your search above and press return to search.
exit_to_app
When those bound to protect cause misery
access_time 2021-04-23T11:33:22+05:30
Iran and the revival of JCPOA
access_time 2021-04-23T13:21:09+05:30
The future of Afghan peace talks
access_time 2021-04-21T11:13:53+05:30
When democracy becomes the first casualty
access_time 2021-04-19T11:55:07+05:30
DEEP READ
Iran and the revival of JCPOA
access_time 2021-04-23T13:21:09+05:30
A model mosque in Gujarat
access_time 2021-04-12T17:13:34+05:30
Towards a digital emergency?
access_time 2021-02-27T14:50:41+05:30
The slaughter of democracy in Puducherry
access_time 2021-02-24T11:27:21+05:30
Populist Fascism
access_time 2021-01-31T17:19:29+05:30
Media Freedom
access_time 2021-01-31T15:47:07+05:30
exit_to_app
Homechevron_rightIndiachevron_rightCabinet okays...

Cabinet okays affordable rental housing projects for urban poor

text_fields
bookmark_border
Cabinet okays affordable rental housing projects for urban poor
cancel

New Delhi,: The Union Cabinet on Wednesday approved the development of affordable rental housing complexes (AHRC) for the urban poor or migrants.

The complexes will be built under the Pradhan Mantri Awas Yojana - Urban and according to the government, will benefit 3 lakh urban poor.

Under the initiative, existing vacant government funded housing complexes will be converted to ARHCs. Further, special incentives like use permission, 50 per cent additional floor area ratio or floor space indexand tax relief will be offered.

The Centre estimates Rs 600 crore of expenditure in the form of 'technology innovation grant'.

The initiative was announced as part of the Aatma Nirbhar Bharat economic package by the Finance Minister in May in view of the mass exodus of migrant labourers and the poor back to their villages from urban centres post the announcement of the nationwide lockdown.

Show Full Article
TAGS:
News Summary - Cabinet okays affordable rental housing projects for urban poor
Next Story