The Union Minister of Housing and Urban Poverty Alleviation (HUPA) Ajay Maken has said that the ongoing housing scheme in urban slums, Rajiv Awas Yojana (RAY) was implemented under pilot phase during the Eleventh Five Year Plan period. With the experience gained during the pilot phase, revised scheme of RAY is being worked out for implementation during Twelfth Five Year Plan period.
Similarly, the Interest Subsidy Scheme for Housing the Urban Poor (ISHUP) scheme which was also under pilot phase during Eleventh Five Year Plan period is being revised for launch as Rajiv Rinn Yojana (RRY) with enhanced credit limits and targets. However, since necessary approvals have not been received, details and time frame for actual launch of these schemes, cannot be committed at this juncture.
Apart from reservation of 20-25 per cent of developed land for Economically Weaker Section (EWS)/Low Income Group (LIG) housing in every new public/private residential development projects, the government envisages encouraging private builders to construct houses for urban poor through incentivisation and creation of demand-led growth in housing respectively.
The Ministry of Housing & Urban Poverty Alleviation through its two schemes-‘Affordable Housing in Partnership (AHP) and Rajiv Rinn Yojana (RRY) envisages encouraging private builders to construct houses for urban poor, he added.