Page 61 - Shelter, October 2024
P. 61
POLICY REVIEW
thrust on housing was the developers, and, in some cities would make the ISSR
outcome of the government cases, slum dwellers’ more effective in addressing
mission of Housing for associations. Apart from the housing inadequacies of
All by 2022. This physical the financial provision of the urban poor.
progress falls way short of Rs 1 lakh per housing unit,
urban housing shortage of 29 there are provisions of extra Credit Linked Subsidy
million in 2018 as estimated floor space index (FSI) or Scheme (CLSS)
by the Indian Council for transferable development The re-introduction of the
Research on International rights (TDR) to incentivise the CLSS component with
Economic Relations (ICRIER) private developers. budgetary provisions of
Report 2020. The Report INR 3000 crores for the
also estimated the housing However, the implementation economically weaker
inadequacies separately for of ISSR schemes is sections/lower income group
slum and non-slum areas of constrained by legislative and people and INR 1000 crores
Indian cities. Almost 44 per administrative difficulties in for the middle-income group
cent of slum households live accessing land, lukewarm is the other notable feature of
in inadequate houses while private sector response the current budget. The CLSS
the incidence of inadequacies owing to limited scope of scheme was discontinued
is about 20 per cent for profit making, procedural since last two years, after
the non-slum households. delays in tendering as well as focus given the intense
Moreover, 99 percent of the approvals of projects. Neither during the government
urban residents experiencing the developers possess mission of Housing for All
housing shortages belonged knowledge about the needs by 2022. This Scheme has
to the lower income groups. of slum dwellers nor do they its precursor in the form of
find opportunities to get
In-Situ Slum involved in different stages Rajiv Rin Yojna (RRY) with
provision of interest subsidy
Redevelopment Scheme of housing projects under the for improving housing
(ISSR) ISSR. In many redevelopment affordability of the urban
cases, the poor households
Among the four verticals of have been uprooted from their poor in 2013. It functions as
the PMAY-U, the ISSR aims livelihood sources leading a central sector scheme for
to provide in-situ houses to to deterioration in their providing interest subsidy on
the marginalised households quality of life. The success home loans taken by eligible
in slum settlements lacking of JAGA Mission in Odisha beneficiaries of Economically
ability to access houses entails important lessons for Weaker Sections (EWS)/
through formal housing rethinking supply driven top- Low-Income Groups (LIG)
markets. However, the down approaches inherent in and later extended for the
number of housing units the implementation of ISSR. middle-income group (MIG)
sanctioned under the ISSR The Mission combines the for purchase or re-purchase
is only about 3 lakh units. granting of non-transferable or construction of houses or
In-Situ Redevelopment of land title to the slum incremental housing (Table 1).
slums uses government dwellers with the provision The interest subsidy of 6.5% is
land or private land and of improvement in basic available for loan amount up
involves participation of amenities and infrastructure to Rs.6 Lakh for EWS (with
multiple agencies including through community annual household income up
government departments, participation. Replicating to 3 lakh)/ LIG (with annual
private landowners, private similar approaches in other household income between 3
October, 2024, Volume 25. No.1 - SHELTER 59
