Will the minister of housing and urban poverty alleviation be pleased to state:
(a) whether the Government has decided to raise interest subsidy for the poor with a view to enabling all people belonging to the economically weaker sections in urban areas to purchase a house under the public sector housing schemes and if so, the details thereof;
(b) whether the Government is considering to provide an interest subsidy of 6.5 per cent on housing loans availed upto a tenure of 15 years to economically weaker section/lower income group categories and if so, the details thereof;
(c) whether it is a fact that the subsidy pay out on a net present value basis would be about Rs. 2.3 lakh per house for both categories and if so, the details thereof;
Contd..
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(d) whether the eligibility criteria was decided long back and the cost of construction and GDP has increased manifold and if so, the details thereof; and
(e) whether the Government is providing sufficient funds for under the scheme and if so, the details thereof and if not, the reasons therefor and further steps taken or being taken by the Government to increase the eligibility criteria and encourage the urban poor to avail the facility to achieve goal of Houses for All?