Chandigarh, Nov 20 (UNI) The Haryana government will provide loan amounting to over Rs ten crore on lower rates of interest to 1,000 people belonging to backward classes and minority communities every year for the construction of their houses, an official spokesman said here today.
He added the state government would provide loan at an interest rate of three per cent under the new scheme.
The people belonging to backward classes would have to repay the loan in 120 months.
The state government was also inviting applications to give this benefit to the minority communities as to rehabilitate the people belonging to such communities was the top most priority area of the government, the spokesman said.
Under the Indira Awas Yojna of the Central government, 15 per cent houses would be constructed for the minority communities.
Under the scheme, as many as 1,950 houses would be constructed for the people belonging to these communities and a sum of about Rs five crore would be spent for this purpose.
He said the Central government had decided that in all the schemes implemented in the states, 15 per cent amount would be spent for the welfare and to uplift the status of minority communities.
Besides, the rate of interest on all loan facilities provided by the Boards and Corporations would also be reduced for them.
Besides, each family of the minority communities, who had migrated from Jammu and Kashmir, would also be given financial assistance of Rs 1,000 per month.