ALLEVIATION (MoHUPA) was introduced in June 2015, ANINTEREST subsidy SCHEME called Credit Linked Subsidy Scheme (CLSS) under PRADHAN Mantri Awas Yojana (URBAN)-Housing for all.This is implemented for purchase/construction/extension/improvement of HOUSE to cater Economical Weaker Section(EWS)/Lower Income Group(LIG)/Middle Income Group (MIG)The Centre approved the enhancement of the carpet area of houses for the middle-income group (MIG) category under the Pradhan Mantri Awas Yojana- Urban (PMAY-U).The carpet area of the houses has been enhanced from 90 Sq.mtr to 120 Sq.mtr, while under the MIG-II segment, it has been increased to 150 Sq.mtr from the current 110 Sq.mtr.For the MIG-I category, a four-per cent interest subsidy is provided to the beneficiaries with an annual income of Rs 6-12 lakh on a loan of up to Rs 9 lakh. Hence, the answer is option 2.

"> ALLEVIATION (MoHUPA) was introduced in June 2015, ANINTEREST subsidy SCHEME called Credit Linked Subsidy Scheme (CLSS) under PRADHAN Mantri Awas Yojana (URBAN)-Housing for all.This is implemented for purchase/construction/extension/improvement of HOUSE to cater Economical Weaker Section(EWS)/Lower Income Group(LIG)/Middle Income Group (MIG)The Centre approved the enhancement of the carpet area of houses for the middle-income group (MIG) category under the Pradhan Mantri Awas Yojana- Urban (PMAY-U).The carpet area of the houses has been enhanced from 90 Sq.mtr to 120 Sq.mtr, while under the MIG-II segment, it has been increased to 150 Sq.mtr from the current 110 Sq.mtr.For the MIG-I category, a four-per cent interest subsidy is provided to the beneficiaries with an annual income of Rs 6-12 lakh on a loan of up to Rs 9 lakh. Hence, the answer is option 2.

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In November 2017, under the Credit Linked Subsidy Scheme (CLSS) increase in the carpet area for Middle Income Group I (MIG-I) wasapproved. The carpet area for MIG-I will be increased to ______.

Economics Government Schemes in Economics 1 year ago

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Ministry of Housing and Urban Poverty ALLEVIATION (MoHUPA) was introduced in June 2015, ANINTEREST subsidy SCHEME called Credit Linked Subsidy Scheme (CLSS) under PRADHAN Mantri Awas Yojana (URBAN)-Housing for all.This is implemented for purchase/construction/extension/improvement of HOUSE to cater Economical Weaker Section(EWS)/Lower Income Group(LIG)/Middle Income Group (MIG)The Centre approved the enhancement of the carpet area of houses for the middle-income group (MIG) category under the Pradhan Mantri Awas Yojana- Urban (PMAY-U).The carpet area of the houses has been enhanced from 90 Sq.mtr to 120 Sq.mtr, while under the MIG-II segment, it has been increased to 150 Sq.mtr from the current 110 Sq.mtr.For the MIG-I category, a four-per cent interest subsidy is provided to the beneficiaries with an annual income of Rs 6-12 lakh on a loan of up to Rs 9 lakh. Hence, the answer is option 2.

Posted on 21 Oct 2024, this text provides information on Economics related to Government Schemes in Economics. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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