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housing for the poor

CAG report points out irregularities in incomplete infra projects

CAG report points out irregularities in incomplete infra projects
Delhi: The recent CAG of India report criticized about the inability of the government in rise in cost and non-completion of infrastructure projects, particularly in providing low-cost housing. Many projects had been announced under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) to provide housing for the poor. Despite getting a year’€™s extension, most of [...] Continue Reading »

Interest subsidy over home loans to poor likely to be rised

Interest subsidy over home loans to poor likely to be rised
To support housing for the poor, the Ministry of Housing and Urban Poverty Alleviation has been planning to raise the cap on the interest subsidy scheme from the present Rs 1 lakh to Rs 5 lakh. The scheme of Interest Subsidy for Housing the Urban Poor was started in the late 2008 in order to [...] Continue Reading »



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