By Goutham Raj Konda on February 11th 2021
On 14 May 2020, Finance Minister Nirmala Sitharaman announced a “Rs 70,000 crore boost for the housing sector” in India by further extending the Credit Linked Subsidy Scheme under the Pradhan Mantri Awas Yojana (PMAY) for the Middle Income Group by one year, up to March 2021. This extension was announced as part of the second tranche of relief measures to boost the Indian economy under the Aatmanirbhar Bharat Abhiyan. However, the announcement is only aimed at satisfying a temporary need of reviving the economy without being mindful of fulfilling the real objective of the PMAY – to provide ‘housing for all’.
By Sama Khan on February 5th 2021
The Jawaharlal Nehru National Urban Renewal Mission (JNNURM), launched in 2005, and the Pradhan Mantri Awas Yojana (PMAY), launched in 2015, have been some of the most significant interventions towards improved housing in recent times. A comparative look at their contribution to urban housing offers some clues about how policy is being shaped to respond to the emerging needs of Indian cities.
By Sama Khan on January 5th 2021
What does PMAY-Urban data about sanctioned houses tell us about state policies with regard to adopting different verticals of the program across city sizes?
By IHR Team on December 28th 2020
As the housing finance ecosystem adapts to service low-income housing, targeted interventions that build trust and connect disparate actors in the housing supply chain can bring transformative change. In this Q&A, Institution Builder and India Housing Federation co-founder Manikandan K. P. points out the opportunities and insights that led to a successful housing finance intervention for households availing the beneficiary-led construction (BLC) component of India’s flagship public housing scheme, the PMAY.
By Manikandan KP on December 24th 2020
This case study outlines a collaboration between the Indian Housing Federation (IHF) and the Tamil Nadu Slum Clearance Board, the state level nodal agency for the Pradhan Mantri Awas Yojana – Urban (PMAY-U) in Tamil Nadu, to enhance the availability of micro housing finance for low-income communities through formal channels.
By Anindita Mukherjee on November 20th 2020
This report is based on a primary assessment of the state of habitat improvement in Kerala, under the ambit of PMAY (U)-LIFE (Livelihood, Inclusion and Financial Empowerment) Mission, through a quantitative household survey in three cities of Kerala – Kochi, Trivandrum and Mukkam. It finds that the State’s interventions towards the Housing for All agenda have underscored the importance attributed to the landless and the homeless in the state, rather than slum dwellers exclusively. The State’s interventions have also successfully demonstrated an approach towards enabling livelihoods through housing and imbibing financial empowerment among women.