Extension of PMAY-Urban till 2024:

  • Recently, the Union Cabinet extended the Pradhan Mantri Awas Yojana (Urban) till December, 2024. This scheme was launched for the period of 2015-2022.
  • Pradhan Mantri Awas Yojana (Urban) was launched in June 2015 with the aim of providing pucca houses to all eligible beneficiaries in urban areas.
  • Original deadline was set as March 2022.
  • Now, the scheme has been extended till December 31, 2021 following the request of states and union territories.
  • This scheme has been extended because the Union government had identified the problems associated with providing houses to eligible urban dwellers in saturation mode.

Four Pillars of Pradhan Mantri Awas Yojana (Urban):

Beneficiary Led Construction/Enhancement (BLC)

Affordable Housing in Partnership (AHP)

In-situ Slum Redevelopment (ISSR) and

Credit Linked Subsidy Scheme (CLSS)

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