Hardeep Singh Puri, minister of state (I/C) for Housing & Urban Affairs on Friday said that about 1.20 crore jobs created so far under PMAY-Urban through forward and backward linkages with about 250 auxiliary industries like, steel, brick kilns, cement, paint, hardware, sanitary etc.
Due to investment being made in the scheme, around 568 lakh metric tonne of cement would be required for sanctioned houses; out of which 178 lakh metric tonne of cement has already been consumed through completed houses.
Around 130 lakh tonne of steel is required for the sanctioned houses; around 40 lakh metric tonne of steel has already been consumed in the completed houses, the minister said.
He further informed that out of a validated demand of 1.12 crore houses in urban areas, 1 crore houses have already been sanctioned. Further, a total of 57 lakh houses are in various stages of construction of which, nearly 30 Lakh houses have been completed.
Durga Shanker Mishra, secretary, Ministry of Housing & Urban Affairs said that PMAY covered a range of social groups which comprises of around 5.8 lakh senior citizens, 2 lakh construction workers, 1.5 lakh domestic workers, 1.5 lakh artisans, 0.63 lakh differently-abled (Divyang), 770 transgender and 500 leprosy patients as of now.
As on date, nearly Rs 60,000 crore of central Assistance has already been released, the ministry said. The houses sanctioned so far under PMAY involve an investment of about Rs 5.70 lakh crore with central assistance of Rs 1.6 lakh crore.
Presently, works of about Rs 3 lakh crore is ongoing and by the time PMAY targets are accomplished, the entire activity will trigger an investment of more than Rs 7 lakh crore.
The government has made a provision for raising Extra Budgetary Resources (EBR) to the tune of Rs 60,000 crore of which, Rs 38,000 crore have already been raised and disbursed. Government has also created an Affordable Housing Fund (AHF) in the National Housing Bank (NHB) with an initial corpus of Rs. 10,000 crore using priority sector lending shortfallof banks/financial institutions for micro financing of the HFCs.