Housing Scenario in India and suggested Action Points for the States
Housing Scenario in India and suggested Action Points for the States
Housing Scenario in India and suggested Action Points for the States
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Dem<strong>and</strong> side InterventionsRajiv R<strong>in</strong>n Yojana (RRY)Cont’d<strong>States</strong> <strong>and</strong> Banks/HFCs would be allocated specific targets <strong>for</strong>which necessary annual subsidy will be computed <strong>in</strong> advance<strong>and</strong> 25% of it will be provided to banks <strong>in</strong> advance <strong>for</strong>immediate transfer of benefits to <strong>the</strong> borrowersBeneficiaries will be identified by <strong>the</strong> State agencies <strong>in</strong>clud<strong>in</strong>gULBs who will also mobilize/coord<strong>in</strong>ate sufficient loanapplicationsPLIs to simplify <strong>the</strong> <strong>for</strong>ms, KYC norms etc.The <strong>States</strong> <strong>and</strong> Banks will monitor <strong>the</strong> implementation byregular meet<strong>in</strong>gs of <strong>the</strong> State Level Bankers Committees <strong>and</strong>District Level Bankers Committees.11
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