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NEWS

25
May
2017

Steel homes under PM Awas Yojna for just Rs 2 lakh, says Union Minister Birender Singh

The National Steel Policy (NSP) not only envisages enhanced 300 million tonne (MT) steel capacity in the country Strong affordable homes made of steel can easily be built at a nominal Rs 2 lakh under Pradhan Mantri Awas Yojna (PMAY), Union Minister Chaudhary Birender Singh said on Tuesday. The National Steel Policy (NSP) not only envisages enhanced 300 million tonne (MT) steel capacity in the country, but also stresses the need for increased consumption and this calls for diversification and maximum use of the alloy in projects, the steel minister said while addressing media on three years initiatives and achievements of his ministry here. "The allocation under PMAY is Rs 1.5 lakh, while the same for hilly states is Rs 1.6 lakh. Ministry of Rural Development assures tie ups with banks for Rs 70,000 and this way the allocation will be over Rs 2 lakh. Homes primarily using steel could easily be made for Rs 2 lakh under it," Singh said.
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