Affordable housing target of PM scheme: NHB MD

Affordable housing target of PM scheme: NHB MD

FPJ BureauUpdated: Friday, May 31, 2019, 06:23 PM IST
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BHOPAL :National Housing Bank (NHB) MD and CEO Sriram Kalyanaraman, while interacting with the media on Friday, said, “The main objective of Pradhan Mantri Awas Yojana (PMAY) – Credit Linked Subsidy Scheme (CLSS)- is to ensure houses at reasonable pricing to the people. We are trying to involve private builders like CREDAI and others for the construction of affordable houses.”

In reply to volley of questions about state government housing schemes, CEO said, “State governments may link up with these CLSS.”

Earlier, CEO, in workshop on the same issue, said, “National Housing Bank NHB extends direct financial assistance for projects undertaken by public housing agencies for housing construction and development of housing related infrastructure.”

MD and CEO, NHB said, “The purpose of the Regional Workshops is to sensitize the Primary Lending Institutions (PLIs) Scheduled Commercial Banks, Regional Rural Banks, Housing Finance Companies, and Cooperative Institutions on PMAY-CLSS, and also to discuss the operational aspects and issues needing further consideration or clarification for successful implementation of the Scheme.”He said, “NHB is working with CREDAI and MCHI. We are trying to facilitate policy formulation with Centre and State governments on simplifying approvals.

He has concluded his address mentioning that the PLIs are better equipped to handle this and are fulfilling a social need towards making the government’s mission of Housing for All by 2022.”

Malay Srivastava, Principal Secretary UAD said, “These has been adequately addressed in MP. These issues were also a part of the SLBC agenda. He also suggested for an active role of the Central Nodal Agency in the promotion of the PMAY-CLSS Scheme and has assured that the Government of Madhya Pradesh has and would provide its full support.” Vivek Aggarwal, Commissioner-cum-Secretary said, “It is good thing that Primary Lending Institutions are being sentisitised in the state. The CLSS scheme should reach the remote districts of the State. Bankers should be given training and targets should be set.”

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