Pradhan Mantri Awas Yojana-Urban (PMAY-U) has accomplished sanctioning of 1.03 crore houses. Housing For All by 2020 scheme was announced by Prime Minister Narendra Modi in 2015.
During the period between the years 2004 to 2014, 13.46 lakh houses were built under the JNNURM Scheme, whereas between 2014 to 2020, 1.03 crore houses were sanctioned. A total of 7.26 lakh houses were sanctioned in 2015 when the scheme was first started.
Out of 1.12 crore housing demand, 1.03 crore houses have been sanctioned and 32 lakh houses have been completed under the scheme.
Among all the states, Andhra Pradesh topped the chart with 20 lakh houses sanctioned whereas Maharashtra has seen 11.57 lakh houses sanctioned followed by Uttar Pradesh 15.54 lakh houses, and Tamil Nadu 7.36 lakh houses.
Among other states, Gujarat received sanction of 6.25 lakh houses, Madhya Pradesh 7.70 lakh houses, Karnataka 6.25 lakh houses, Uttarakhand 39,575 houses, Tripura 82,011 houses, Assam 96,989 houses, Meghalaya 4,672 houses, Nagaland 32,001 houses, Jammu and Kashmir 46,497 houses and Ladakh 1,777 houses.
Under the Credit-Linked Subsidy Scheme (CLSS) where the government has been granting Rs 2.67 lakh through interest subsidy, around 8.18 lakh beneficiaries have been benefited. Under Beneficiary-led construction category, where the government has been granting Rs 1.50 lakh per house, around 62 lakh houses have been approved and under In-Situ Slum Redevelopment (ISSR), where the government has granted Rs one lakh per house, 4.60 lakh houses have been approved.
The scheme has created 1.20 crore employment through forward and backward linkages with 21 sectors. The scheme has seen a total investment of Rs 6.13 lakh crore while the fund released is Rs 64,000 crore.
The scheme generated around 1.20 lakh employment in 2019-20, whereas direct employment was 39.85 lakh and indirect employment was 80.15 lakh.