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Updated: June 19, 2015 5:35:46 am
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.
A 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.
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.
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