Cabinet approves low-cost housing scheme with interest subvention
   
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Cabinet approves low-cost housing scheme with interest subvention

Last Updated: Wednesday, June 17, 2015, 15:15
 
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Zee Media Bureau

New Delhi: The Union Cabinet on Wednesday approved low-cost housing scheme aiming to provide houses for all by 2022.

The Centre is in final stages of launching "Housing for All" programme with the objective to assist the State Governments for facilitating a concrete house to all citizens of the country by year 2022.

Redevelopment of slums will be an important component of this programme.

The scheme will have provisions for tax incentives on interest rates charged by banks on loans for the poor section of the society.

With Agency Inputs



First Published: Wednesday, June 17, 2015, 11:14


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