National Workshop on Pradhan Mantri Awas Yojana – Urban 2.0 inaugurated by Union Minister for Housing and Urban Affairs and Power, Manohar Lal in New Delhi on 18 November.
The workshop was organised by the Ministry in partnership with Housing and Urban Development Corporation Ltd (HUDCO).
The Minister spoke about Affordable Rental Housing which has been introduced as a separate vertical for the first time in a housing scheme.
The workshop was centred on the theme of implementation of PMAY-U 2.0.
PMAY-U 2.0 is currently in the implementation phase. Over 25 States/UTs have signed the Memorandum of Agreement (MoA) with Ministry of Housing and Urban Affairs (MoHUA).
HUDCO is a Central Nodal Agencies (CNA) for implementation of Interest Subsidy Scheme (ISS) vertical of the Scheme.
About 90 lakh houses have been constructed under PMAY-U.
PMAY-U 2.0 was approved by the Union Cabinet in August 2024.
It was launched by Hon’ble Prime Minister Modi in September 2024.
It aims to provide pucca houses to 1 crore people of urban India.
PMAY-U 2.0 will address the affordable housing requirement in urban areas through four verticals.
The four verticals are Beneficiary-Led Construction (BLC), Affordable Housing in Partnership (AHP), Affordable Rental Housing (ARH) and Interest Subsidy Scheme (ISS).
