UPA Government to launch housing scheme for slum dwellers

New Delhi, July 17 (ANI): Housing and Poverty Alleviation Minister Kumari Selja today informed the Lok Sabha that the government is planning to launch a new housing scheme for slum dwellers and urban poor since the scheme is aimed at providing subsidy up to five per cent on a loan of Rs one lakh availed by the poor.

"Government proposes to launch 'Rajiv Awas Yojana' in the country for slum dwellers and urban poor. The scheme would extend support to states willing to assign property rights to people living in slum areas," Kumari Selja said.

"Government's effort would be to create slum free India through the scheme in next five years," she said in a written reply.

In 2009, the Government has launched interest subsidy scheme for housing the urban poor. (ANI)