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Every homeless person will have a house by 2022: Modi

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Prime Minister Narendra Modi has said that work is progressing at a fast pace to ensure that every homeless person in the country has a house by 2022. 
 
Addressing the CREDAI YouthCon-2019 at Talkatora Stadium here yesterday, Mr Modi said that around 1.5 crore houses have been built through PM Awas Yojana, the government's flagship housing scheme, out of which 15 lakh houses were for the poor in urban areas. 
 
CREDAI, the Confederation of Real Estate Developers Association of India, is the apex body of all registered real estate builders and developers in India. Set up in 1999, it had 11,940 members, 23 state-level chapters and 177 city-level chapters, as of 2017. 
 
Modi said the Real Estate Regulatory Authority (RERA) had strengthened the trust between customers and real estate developers. RERA has been notified in 28 states. More than 35,000 real estate projects and 27,000 real estate agents have registered under RERA and several lakhs of flats were being built, he added.
 
Speaking about a quantum jump in Ease of Doing Business rankings in the past four years, he said the government was committed to ensuring Ease of Doing Business in India. In this context, he mentioned that all government permissions, including construction permits, are being issued faster than before.
 
He also talked about the tax reforms initiated by the Central Government to aid the housing industry and home buyers including the reduced GST rates for various construction items. Various income tax benefits were also introduced for the middle class in the Interim Budget. The cumulative effect of these initiatives will help the housing sector and the home buyers, he said.
 
The Prime Minister complimented CREDAI for their contribution in fulfilling the dreams of ordinary citizens of owning a house. He said the YouthCon is happening at a time when a ‘New India’ is being shaped. He said that youth of the nation has an important role to play in charting a New India. 
 
Earlier, the Prime Minister visited the exhibition organized by CREDAI at Talkatora Stadium.
 
NNN
 

(Our News Desk can be contacted at desk@netindian.in)

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