The Central government has approved construction of another 52,319 houses for the urban poor, including 11,286 houses in poll-bound Uttar Pradesh, under the Pradhan Mantri Awas Yojana (PMAY-Urban).
“The Ministry of Housing and Urban Poverty has approved construction of 52,319 houses for (the) urban poor under PMAY (Urban) involving an investment of Rs 2,946 crore and Central assistance of Rs 778 crore,” an official release said.
Besides Uttar Pradesh, 25,097 houses will be constructed in Madhya Pradesh, 8,941 in Chhattisgarh, 3,805 in Maharashtra, 2,422 in Nagaland, 720 in Puducherry and 48 in Daman, it said.
With this, the Ministry has so far approved construction of a total of 13,43,805 houses for the urban poor with an investment of Rs 72,781 crore and Central assistance of Rs 19,633 crore.
Power Grid must monetise transmission assets, says Goyal
Power minister Piyush Goyal has urged Central electricity transmission utility Power Grid Corporation (PGCIL) and state transmission companies to “unlock capital” that has accrued over years in transmission assets.
“It is high time PGCIL looks at moving from an asset holding to a project implementing company,” Goyal said at a conference to launch multiple reports on the power sector.
The proposal aims at unlocking value of the existing power transmission lines to generate revenues that can be re-invested in strengthening the transmission system and other infrastructure projects.
PGCIL is India’s central transmission utility that owns and operates 131,728 ckm (circuit kilometre) of transmission lines and 213 substations across the country with an inter-regional capacity of over 61,000 MW.