Credit Linked Subsidy Scheme (CLSS) of PMAY-Urban Jammu Reviewed

Vipra Bahl, MD of Jammu & Kashmir, Housing Board has reviewed the progress of Credit Linked Subsidy Scheme (CLSS) of Pradhan Mantri Awas Yojana (PMAY)-Housing for All (Urban). In the meeting banker’s have been asked to show the process of sanction, because the process under CLSS of Pradhan Mantri Awas Yojana Urban has been very slow in the state.

Under Credit Linked Subsidy Scheme, till now just 10% target have been achieved in a long term of three quarters. The authorities responsible for implementing Pradhan Mantri Awas Yojana Jammu & Kashmir have raised some issues about the plot/land documentation and other formalities.

In the meeting of MD Housing Board J&K with JUDA/ UDAK and DUDA, (CNAs)-HUDCO and National Housing Bank, and Private PSUs Banks. Under CLSS of PM Awas Yojana Jammu, for providing affordable houses to the poor people of the state DUDA will re-verify the eligibility and construction so the sanction process of the houses under PMAY-U Jammu become more easy.

It was decided in Pradhan Mantri Awas Yojana Credit Linked Subsidy Scheme (CLSS) if the property has been on the name of the Male beneficiary, his wife name should be included as joint holder or co-applicant after making necessary changes.

If in case the wife of the Male beneficiary was not alive, the name of the mother has been added as co-applicant under Pradhan Mantri Awas Yojana Jamuu & Kashmir. Moreover, in case both wife and mother are not alive, the property will get retained in the name of the male beneficiary in Credit Linked Subsidy Scheme (CLSS) of Pradhan Mantri Awas Yojana (PMAY)-Housing for All (Urban).