New Delhi, April 20: Union Urban Development Minister Venkaiah Naidu on Thursday said that the central government was committed to fulfil people's aspiration to own a 'pucca house' and to boost rental housing a National Urban Rental Housing Policy has been formulated.
"National Urban Rental Housing Policy has been formulated and soon it will be taken for the Cabinet approval," Naidu said at a press conference in Delhi.
"Ensuring house for all in urban areas is a challenge and states should cooperate with the Centre in this connection.The government has approved financing of the construction of 17.73 lakh affordable houses in 2,008 cities and towns," he said.
The Pradhan Mantri Awas Yojana, PMAY was an evidence of the government's commitment to inclusive development and it has put an enabling ecosystem to provide speedy housing, he added.
PMAY was launched in June 2015, under which affordable pucca houses are to be build equipped with round-the-clock electricity supply and basic water and sanitation facility.