Govt striving to ensure “Housing for all by 2022” under PMAY (urban) scheme: Venkaiah Naidu

Lauding the government for its initiative of “Housing for All by 2022″, Minister of Housing and Urban Poverty Alleviation M Venkaiah Naidu today asserted that under the’Pradhan Mantri Awas Yojana, the Modi government is promoting affordable housing through various measures like granting Infrastructure Status for this segment, concessions like exemption of profits from affordable housing projects from Income Tax among others.

Mr Naidu said,”the Modi government did more for housing urban poor in three years than what was done in previous 10 years.”He said ,”To ensure housing for all, Prime minister Narendra Modi launched ‘Pradhan Mantri Awas Yojana (Urban) under which 17,73,533 affordable houses have been approved for 2,008 cities and towns in the last less than two years as against 13,82,768 sanctioned for 1,061 cities in the earlier 10 years.