This scheme by the Arunachal Pradesh government offers financial assistance of ₹1 lakh to registered construction workers Read More... for buying or building their own home. Read less
Details
Thinking about buying a new house or constructing one? The Arunachal Pradesh government has a special scheme to help registered construction workers achieve this dream.
The 'Advance for Purchase or Construction of House' scheme is an initiative by the Department of Labour and Employment, Government of Arunachal Pradesh. It's managed through the Arunachal Pradesh Building & Other Construction Workers Welfare Board (APB&OCWWB). The main idea is to provide a financial boost to construction workers registered with the board, so they can either buy an existing house or build a new one.
This scheme is specifically for individuals working in the building and other construction sectors within Arunachal Pradesh. To be eligible, you need to be a registered member of the APB&OCWWB and meet certain long-term service and residency requirements.
Owning a home is a significant milestone. This scheme aims to make that goal more achievable for hardworking construction workers by providing substantial financial support. It acknowledges their contribution and offers a practical way to improve their living conditions.
Objective
Benefits
Sources and references
To avail the benefits of this scheme, you need to get in touch with the Registering Officers of the APB&OCWWB in your respective district.
What is the main goal of this housing scheme?
The primary aim is to give financial help to registered building and construction workers so they can buy or build their own house.
Who launched this housing advance scheme?
This scheme was initiated by the Department of Labour and Employment, Government of Arunachal Pradesh.
What does APB&OCWWB stand for?
APB&OCWWB is the abbreviation for the Arunachal Pradesh Building & Other Construction Workers Welfare Board.
How much money can a worker get under this scheme?
Eligible registered workers can receive a cash advance of ₹1.00 lakh.
Is it necessary to be registered with the Board to apply?
Yes, you must be a registered worker under the APB&OCWWB to be eligible for this scheme.
For how long does one need to be a registered member to apply?
To be considered for this scheme, your membership with the Board must be active for at least 5 years.
Are there any service duration requirements to be eligible?
Yes, you must have at least 15 years of service left before your retirement or superannuation to be eligible.
Is this scheme exclusively for construction workers from Arunachal Pradesh?
Yes, the scheme is for individuals who are permanent residents of Arunachal Pradesh.
Can I still get the benefits if my membership with the Board has expired?
No, your membership with the Board must be active and current to receive benefits under this scheme.
Do beneficiaries have to repay the advance amount?
Yes, the beneficiary is required to repay the principal amount. This can be done with a minimal interest rate or in equal installments, as determined by the Board.
How can I start the application process for this scheme?
You can apply by visiting and contacting the Registering Officers of the APB&OCWWB in your respective district.