Government announces new PPP policy in affordable housing
Government has announced a new Public-Private Partnership (PPP) policy for affordable housing to extend central assistance of up to USD 3905 per house built by private builders even on private lands as interest subsidy on bank loans as upfront payment under the Credit Linked Subsidy Component (CLSS) component of Pradhan Mantri Awas yojana (Urban). USD 2345 will be given in case bank loan is not taken by beneficiary.
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