HOUSING IN THE

NATIONAL ECONOMY
Presented By
Sulekha Beri
I.D.NO .43847

What is national
economy
The economy of a nation as a whole
that is an economic unit and is usually
held to have a unique existence greater
than the sum of the individual units
within it.

Housing and the Economy

20% 25% of economic activity is

linked to the housing industry

INTRODUCTION
The Ministry of Housing and Urban Poverty Alleviation
deals with two major subjects, namely,
(1) Urban Employment and Poverty Alleviation; and
(2) Housing and Human Settlements.
The Business Allocated to the Ministry is as under:Formulation of housing policy and programme, except
rural housing which is assigned to the Ministry of Rural
Development,
Human Settlements including the United Nations
Commission for Human Settlements (UNCHS) and
International Cooperation and Technical Assistance in
the field of Housing and Human Settlements.

Urban Development including Slum Clearance

Schemes and the Jhuggi Jhoopri Removal

Schemes except for NCT of Delhi.
Implementation of the specific programmes of
Urban Employment and Urban Poverty
Alleviation
including
other
programmes
evolved from time to time.

PLAN SCHEMES
The Ministry of Housing and Urban Poverty
Alleviation provide support to the following
Centrally Sponsored and Central Schemes:
A. CENTRALLY SPONSORED SCHEMES
i. Pradhan Mantri Awas Yojana [PMAY(Urban)]
ii. Deendayal Antyodaya Yojana (DAY)- National
Urban Livelihoods Mission (NULM)
iii. Drinking Water Supply Scheme for Prevention and
Control of Japanese Encephalitis (JE) and Acute
Encephalitis Syndrome (AES)

B. CENTRAL SECTOR SCHEMES

i. Credit Linked Subsidy Scheme (CLSS) under
Pradhan Mantri Awas Yojana (Urban)
ii. Building Materials and Technology Promotion
Council (BMTPC)
iii. Credit Risk Guarantee Fund Trust for Low
Income
Housing (CRGFTLIH)

PRADHAN MANTRI AWAS YOJANA

[PMAY (URBAN)]
Approved on : 17th June 2015
Launched on : 25th June 2015
Total housing shortage estimated by the

Technical Group in 2012 is 18.78 million

The Mission is targeted to address an
estimated shortage of 20 million slum and
non-slum households by 2022.

Jawaharlal Nehru National Urban

Renewal Mission (JNNURM)
launched on 3rd December, 2005
Mission duration was 7 years from 2005-06
The extended period of JNNURM ended on

31.03.2015
Government has further extended the Mission
period by two years i.e. upto 31.03.2017 only
to complete ongoing projects which were
sanctioned upto 31.3.2012.

DEENDAYAL ANTYODAYA YOJANA

(DAY)- NULM
Launched in 12th Five Year Plan w.e.f 24th

September, 2013
DAY-NULM has seven components:
Social Mobilization and Institution Development
Capacity Building and Training
Employment through Skills Training and Placement
Self-Employment Programme
Scheme of Shelter for Urban Homeless
Support to Urban Street Vendors
Innovative and Special Projects

CREDIT LINKED SUBSIDY

SCHEME
UNDER PRADHAN MANTRI AWAS YOJANA

(URBAN)
the beneficiaries of Economically Weaker
Section (EWS) having household annual
income upto Rs. 3.00 lakh
and Low Income Group (LIG) having
household annual income between Rs. 3.00
lakh and Rs. 6.00 lakh

BUILDING MATERIALS AND

TECHNOLOGY PROMOTION COUNCIL
Registered as Society in 1990
objective of bridging gap

between the
laboratory development and large scale field
application of cost effective, sustainable
building materials and housing technologies
The Council also constructed demonstration
structures in the North Eastern Region and
helped in setting up Bamboo Mat Production
Centers

CREDIT RISK GUARANTEE FUND

TRUST FOR LOW INCOME HOUSING
The Union Cabinet in March, 2012 approved

the establishment of CRGFT for low income

housing loans with an initial corpus of Rs.
1000 Cores.
The Trust was registered on 1st May, 2012
National Housing Bank (NHB) is the identified
agency for operationalizing CRGF.

NATIONAL COOPERATIVE
HOUSING FEDERATION OF INDIA
NCHF is not receiving any grant-in-aid from

the Government of India (Ministry of Housing

and urban Poverty Alleviation) from the year
2010-11. Hence NCHF has not availed any
budgetary support from the Government in
2014-15 and 2015-16.

The details of expenditure of NCHF during last

two years are as under:

Sl.
No
.

Financial Year

Total Expenditure
(Rs. Crores)

1.

2014-15

1.39

2.

2015-16

0.96*

*Provisional up to 31.12.2015

CENTRAL GOVT. EMPLOYEES

WELFARE HOUSING ORGANIZATION
Within the span of 25 years of its existence

has completed 32 housing projects all over

India consisting of 13,927 Dwelling Units as on
date.
The
ofTurnove
last five
yearYear
is as under:
S.N turnover
Year
S.N
Turnove(Rs. in
crores)
o

1.

2009-10

137.00

5.

2013-14

188.00

2.

2010-11

170.00

6.

2014-15

78.00

3.

2011-12

171.00

7.

2015-16

81.00

4.

2012-13

172.00

HOUSING & URBAN DEVELOPMENT

CORPORATION LIMITED
HUDCO performance during the year
2015-16:
S.N
o.

Criteria

1.

Loan Sanctions
(a) Housing
(b) Urban Inf.

2.

Loan Release
(a) Housing
(b) Urban Infr. (Core)
(c) Urban Infr. (Non
Core)

Target
(2015-16)

(Rs. In crore)
Achievemen
t
(2015-2016)

16900
6422
10478

18405
9961
8444

7774
2954
2458
2362

1840
671
661
503

Dwellings Sanctioned During the Year

2015-16:
CATEGORY

NO. OF UNITS

- ECONOMICALLY WEAKER
SECTION

33575

- LOWER INCOME GROUP

64557

- MIDDLE INCOME GROUP

25540

- HIGHER INCOME GROUP

1210

TOTAL

124882

- HUDCO NIWAS

50

GRAND TOTAL

124932

Cumulative Sanction of Dwellings during

2015-16:
CATEGORY

NO. OF UNITS

-ECONOMICALLY WEAKER
SECTION

1,35,76,076

- LOWER INCOME GROUP

13,93,134

- MIDDLE INCOME GROUP

5,46,079

-HIGHER INCOME GROUP

3,49,092

TOTAL

1,58,64,381

- HUDCO NIWAS

3,85,644

GRAND TOTAL

1,62,50,025

CONCLUSION
Indian housing industry has shown strong
growth over the past few years. Moreover,
rising purchasing power, continuously rising
population, increasing investments in socioeconomic infrastructures, rapid urbanization
and migration of people from rural to urban
areas are the main reasons boosting the
housing sector, and its anticipated to register
a strong growth in the coming years.

Thank you