Page 60 - Shelter, October 2024

POLICY REVIEW

Deendayal Antyodaya Yojana- 547 0.01 523 0.02 300
National Urban Livelihood DAY-
NULM

Pradhan Mantri’s Street Vendor’s 405 468 468 326 326
Atmanirbhar Nidhi (PM -
SVANIDHI)
AMRUT (Atal Mission for 6499 8000 5200 8000 8000
Rejuvenation and Urban
Transformation)

Smart Cities Mission - Mission for 8479 7665 7718 2237 2237
Development of 100 Smart Cities
Smart Cities Mission - City 233 334 281 163 163
Investment to Innovate, Integrate
and Sustain (CITIIS)
Total- Smart Cities Mission 8652 8000 8000 2400 2400

Swachh Bharat Mission Urban 1926 5000 2550 5000 5000

Source: www.indiabudget.gov.in

The Ministry of Housing centrally sponsored schemes. allocations. The PMAY-U has
and Urban Affairs (MoHUA) For both the schemes, there been given INR 30171 crore
receives an allocation of INR are increases in budgetary as against INR 22103 crore
82577 crore equaling almost provisions in 2024-25 of about in 2023-24 (and INR 26170
19 percent increase over the 9.5 percent and 26 percent crore in the interim budget
revised estimates of INR respectively. Although, 2024-25). Since inception of
69270 crore in 2023-24 (the the increased budgetary PMAY-U in 2015, as on 29th
allocation for interim budget allocations seems to be July 2024 - a total of about
2024-25 was INR 77523 crore) promising, but would these be 11.86 million houses have
(Table 1). However, the same helpful in facilitating inclusive been sanctioned based upon
allocation as a percentage urban transformation? the housing demand survey
of GDP has declined from Following sections attempt to by the municipalities, of
0.45 percent in 2021-22 to address this concern. which 11.43 million houses
0.25 percent in 2024-25 (Rana have been grounded for
et al, 2024). Going by the The Budgetary Allocations construction and 8.54 million
allocation trend since 2021-22, and the Primacy of houses are completed. The
revised budgetary allocation PMAY-U overall investment approved
would be about 8- percent Among the centrally is INR 8.07 lakh crore, of
of the budget estimate for sponsored schemes, the Prime which the contribution of
the FY 2024-25. Funds have Minister Awas Yojna (Urban) centre, state & beneficiaries
been allocated broadly under (PMAY-U) accounts for 62 was 2, 1.23 & 4.85 lakh crore
central sector schemes and percent of the total budgetary respectively. The major

58 HUDCO-HSMI Publication