The Union Cabinet chaired by the Prime Minister, Narendra Modi, recently gave its approval for launch of ´Housing for All by 2022´ aimed for urban areas with following components/options to States/Union Territories and cities:-
a)Slum rehabilitation of Slum Dwellers with participation of private developers using land as a resource;
b)Promotion of affordable housing for weaker section through credit linked subsidy;
c)Affordable housing in partnership with Public & Private sectors and
d)Subsidy for beneficiary-led individual house construction or enhancement.