Question

The Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) was launched to address the urban housing shortage. Evaluate the following statements: I. PMAY-U 2.0 has an overall investment of Rs. 10 lakh crore and targets the construction of one crore houses for urban poor and middle-class families over five years. II. The scheme operates through four verticals: Beneficiary Led Construction (BL

Q: Answer-The Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) was launched to address the urban housing sh...

Statement I is correct PMAY-U 2.0 has a total investment of Rs. 10 lakh crore targeting one crore housing units for EWS, LIG, and middle-income groups over five years. Statement II is correct the scheme functions through four delivery verticals BLC, AHP, ISS, and ARH. Statement III is incorrect the ISS component under PMAY-U 2.0 provides a 4 interest subsidy but on home loans up to Rs. 25 lakh not Rs. 9 lakh, with the loan amount ceiling revised upward from the earlier CLSS under PMAY-U 1.0. Statement IV is correct Special Focus Groups under PMAY-U 2.0 include Safai Karamcharis, persons with disabilities, street vendors, slum residents, transgenders, and minorities.

C , Affordable Housing in Partnership (AH
H . III. Under PMAY-U 2.0, the Interest Subsidy Scheme (IS
P , Interest Subsidy Scheme (IS
S , and Affordable Rental Housing (AR
S provides an interest subsidy of 4% on home loans of up to Rs. 9 lakh for EWS and LIG beneficiaries. IV. PMAY-U 2.0 specifically identifies Special Focus Groups, which include Safai Karamcharis, persons with disabilities, street vendors, and residents of notified slums. Which of the above statements are correct?