<p>The Government has taken steps under the Pradhan Mantri Awas Yojana (Urban) [PMAY(U)], by providing central assistance to States/ Union Territories (UTs),for addressing the housing requirement of the
Ministry of Housing and Urban Poverty Alleviation
The Union Ministry of Housing and Urban Poverty Alleviation has sanctioned Rs 42.6 crores to Mizoram for construction of houses for as many as 908 poor families living in urban area. The Ministry, under the IHSDP (Integrated Housing & Slum Development Programme), sanctioned Rs 8.27 crores for project I to construct 500 houses. It also sanctioned under the BSUP (Basic Services to the Urban Poor) Rs. 34.33 Crores for construction of 408 houses (project II), an official source said today.
<i><b>Housing policy not driven by welfare</b></i><br> <br> Real estate prices have hit the roof largely because of a lack of regulation in a housing sector ruled by speculators. Faced with a crisis, the centre wants to facilitate private-sector housing initiatives for the urban poor, without doing anything itself. This, the <font class="UCASE">alf </font> study notes, is an unsuccessful strategy.<br>