HomeNewsBusinessEconomyNDA commissioned more affordable houses than UPA did in 10 years: Naidu

NDA commissioned more affordable houses than UPA did in 10 years: Naidu

Naidu said the Centre has done whatever it could and now it was for the state governments to take forward its Pradhan Mantri Awas Yojana (Urban) scheme to provide housing to all the poor people in urban areas by 2022.

April 21, 2017 / 09:42 IST
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The NDA government has approved 17.73 lakh affordable houses for 2,008 cities and towns in the last two years as against 13.82 lakh sanctioned for 1,061 cities during 10 years of UPA rule, Union Minister Venkaiah Naidu said.

Naidu said the Centre has done whatever it could and now it was for the state governments to take forward its Pradhan Mantri Awas Yojana (Urban) scheme to provide housing to all the poor people in urban areas by 2022.

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Noting that Prime Minister Narendra Modi's is a "government with a difference", the Housing and Urban Poverty Alleviation Minister said the Centre has announced various concessions and tax benefits for the affordable housing scheme.

Besides, the Centre has relaxed Foreign Direct Investment (FDI) for affordable housing and also accorded infrastructure status to it, he said, and recalled that the Real Estate bill was also passed by Parliament last year.