India's Urban Housing Dilemma: A Scheme with Ambitious Goals but Limited Reach The Pradhan Mantri Awas Yojana Urban (PMAY U) aims to address urban housing shortages in India, particularly among economically weaker sections.
Launched by the Ministry of Housing and Urban Affairs in 2015, this scheme seeks to provide pucca houses with basic civic amenities to eligible households across the country.
The PMAY U targets urban housing shortages through five distinct verticals: Beneficiary Led Construction (BLC), Affordable Housing in Partnership (AHP), In Situ Slum Rehabilitation (ISSR), Interest Subsidy Scheme (ISS), and Credit Linked Subsidy Scheme (CLSS).