Highlights

  • Credit Linked Subsidy Scheme (CLSS)-II for Middle Income Group (MIG) in Pradhan Mantri Awas Yojna (PMAY)-Urban introduced with allocation of Rs 1,000 crore.
  • Total allocation for PMAY increased from 5,075 in 2016-17 (BE) to Rs. 6,043 crore in 2017-18 (BE).
  • The expenditure by Ministry of Housing and Urban Poverty Alleviation in 2015-16 was only Rs. 1,761 crore against the budget allocation of Rs. 5,635 crore.
  • Total allocation for MRTS and Metro projects is Rs. 18,000 crore out of the total budget of Rs. 34,212 crore of Ministry of Urban Development.