Current Affairs Exam

Rajasthan govt to take Rs 200 crore loan from Centre to build houses for poor

After the successful allottees of chief ministerJan Awas Yojanaand affordable housing scheme failed to deposit instalments during the pandemic, the plans to complete the construction work after taking loan from theHousing and Urban Development Corporation Ltd(HUDCO).

The urban housing department had earlier proposed to construct nearly 23,000 houses for economic weaker section (EWS) and lower income group (LIG) across the state under public-private and PARTNERSHIP (PPP) model. However, the construction work was stalled after only 10-15% allottees managed to deposit the instalments.

The government had relaxed the conversion of land policy for developers constructing houses for economic weaker section (EWS) and lower income group (LIG) under the Mukhyamantri Jan Awas Yojana. However, nothing can give the project a momentum during the pandemic.

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