Only 30 per cent houses built under PMAY-Urban in last six years
NEW DELHI: Only 26% of funds sanctioned under three different verticals of the government’s flagship PM Awas Yojana (Urban) has been utilised in last six years of its implementation and as a result, only 30% of the sanctioned houses could be constructed during the period. Only 25% of the sanctioned funds have been spent under In-Situ Slum Redevelopment (ISSR), while the percentage for Affordable Housing in Partnership (AHP) segment is 26%. Beneficiary Led Construction (BLC) vertical also showed similar pattern with only 27% of sanctioned budget spent. Poor fund utilisation reflected in de...