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Central Government/Public SectorProject Information Housing For All Project. $ 150 Cr $ 1.50 Bn
28-Jul-2021
PID : 47009 Multi State-India

Project Detail:

The proposed Project will be a sovereign Sustainable Development Loan (SDL) of USD 1,500 million (Tranche 1 of USD 500 million) to support Government of India’s Pradhan Mantri Awas Yojana (Urban) (PMAY-U) scheme. Activities to be financed by the Project are:

(i) Beneficiary-led Individual House Construction or Enhancement (BLC): Direct central assistance of INR 1,50,000 is provided to families belonging to economically weaker section (EWS) households (having annual income of up to INR 300,000) to either construct a new house or enhance the existing house on their own.

(ii) Credit-Linked Subsidy Scheme (CLSS): Interest subsidy is provided to EWS, low-income group and middle-income group households on loans availed for construction of new homes or renovation of existing homes.

Proposed Loan Amount

USD 1,500 million (Tranche 1 of USD 500 million)

Note: Please Download Project Document attached to this Project for more information.

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