Badal unveils major housing initiative for rural poor

Chandigarh, June11 (UNI) The Punjab Chief Minister Mr. Parkash Singh Badal today unveiled a major initiative for providing "Houses for All" and offered his Government's fulsome support to the corporate sector for a joint bid to provide every poor and needy persons in the state a roof over his head.

The Chief Minister was addressing an interactive gathering of major builders and real Estate Developers from all over the country at Delhi today.

Mr Badal called upon realtors to help the state government evolving a long term and sustainable strategy by which the principle goal of homes for the homeless for the poorest of the poor in the backward and rural areas could be met without comprising on the professional and the commercial viability of the project for the real Estate players.

Mr Badal announced a series of unprecedented policy initiatives to kick start and all out war for the housing for the poor, especially in the rural areas.

Mr Badal also announced the creation of a separate "State Shelter Fund" to be used exclusively for the construction of Economically Weaker Section houses by the Punjab Urban Planning&Development Authority (PUDA). All urban development authorities would contribute 50% of the license fee collection to the fund. Having an interaction with the stakeholders in coordination with NARDECO before freezing the policy on "Affordable Housing for All", Mr Badal listed various path breaking measures taken in the housing and urban development.

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