Explained – Housing for All: To Build A Home

The previous limit, which was fixed three years ago under the previous UPA government, was Rs 1 lakh under EWS and Rs 1-2 lakh for LIG.

Updated: June 19, 2015 5:35 am
Housing for All, Modi, PM narendra Modi, PM modi news, Building, house availability, house rate of interest, House for poor, EWS, LIG, EMI, Housing interest, India  new EWS and LIG account for 96 per cent of the housing shortage in urban India with the project aiming to create 2 crore houses to meet this shortfall by 2022.

On Wednesday, the Cabinet Committee on Economic Affairs cleared Housing for All by 2022, a flagship project of the NDA government.

homeA look at what it takes to put a roof over every head.

According to the revised norms, the Economically Weaker Section (EWS) category will include households earning an annual income of up to Rs 3 lakh, while the Low Income Group (LIG) segment will be cover those earning between Rs 3-6 lakh per year.

home 1The previous limit, which was fixed three years ago under the previous UPA government, was Rs 1 lakh under EWS and Rs 1-2 lakh for LIG.

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