In order to achieve the target of constructing 19 lakh affordable homes in the state by March 2022 under the Central Government’s Pradhan Mantri Awas Yojana [PMAY], the Maharashtra Government decided to wave-off the necessary security deposit for the EWS i.e. economically weaker sections. According to the sources, the insufficient security deposit money was a concern for the Government as the people belonging to this section were showing an inability to raise the required fund.
Earlier in January 2018, the Government sanctioned 79 projects for constructing 2.15 lakh houses under the same scheme. However, the Government issued a notification relating to same which stated, “The economically weaker sections are required to pay different types of fees under the Beneficiary Led (Individual House) Construction’ (BLC) resulting in low response to the PMAY scheme. Therefore, it has been decided that the security deposit will not be charged for economically weaker sections under the BLC under the PMAY.’’
The Central Government offers financial assistance of Rs. 1-1.5 lakhs under the Pradhan Mantri Aawas Yojna and the State Government is contributing Rs 1 lakh. Out of the 2.15 lakh affordable homes that were sanctioned earlier this year, 1.40 lakh houses were allocated for the economically weaker sections, 37,656 houses for the lower income group. Remaining 14,766 and 166 houses were allocated for the middle-income group and the higher income group respectively. These houses are planned to be built in Pune, Konkan, Nagpur, Nashik, Amaravati, Solapur, Pimpri, Washim, Barshi (Solapur), Parbhani, Gadchiroli, Ichalkaranji (Kolhapur).
According to the latest report, the Maharashtra State Government built 55,695 affordable homes in the previous financial year that was 2017-18 and the completed the construction of more than 1400 affordable housing units in the present financial year i.e. 2018-19.
An official said that the Government has identified multiple locations to construct affordable homes for projects under the PMAY scheme and few proposals are being considered for approval.