New Delhi, Mar 20 : The Cabinet today gave its approval to enhance the unit assistance for an Indira Awaas Yojana IAY house.
The assistance has been enhanced from Rs. 25,000 to Rs. 35,000 in plain areas and from Rs. 27,500 to Rs. 38,500 in hilly/difficult areas and from Rs. 12,500 to Rs. 15,000 across the country.
The cabinet also gave its approval to make the above revised rates of unit assistance applicable in respect of new IAY houses sanctioned after April 1 this year.
It also gave it nod to make a provision for additional outlay of Rs.350 crore for Rural Housing during 2008-09 to maintain physical targets at least at the level of the current year 2007-08.
This will provide the requisite assistance needed for constructing better quality IAY houses.