The on going housing scheme of Government of India in the urban slums viz., ‘Rajiv Awas Yojana (RAY)’ was implemented under pilot phase during the Eleventh Five Year Plan period. With the experience gained during the pilot phase, revised scheme of RAY is being worked out for implementation during Twelfth Five Year Plan period. Similarly, the Interest Subsidy Scheme for Housing the Urban Poor (ISHUP) scheme which was also under pilot phase during Eleventh Five Year Plan period is being revised for launch as Rajiv Rinn Yojana (RRY) with enhanced credit limits and targets. However, since necessary approvals have not been received, details and time frame for actual launch of these schemes, cannot be committed at this juncture.
The apart from reservation of 20-25% of developed land for Economically Weaker Section (EWS) / Low Income Group (LIG) housing in every new public / private residential development projects, Ministry of Housing & Urban Poverty alleviation through its two schemes namely ‘Affordable Housing in Partnership (AHP) and Rajiv Rinn Yojana (RRY) envisages encouraging private builders to construct houses for urban poor through incentivization and creation of demand led growth in housing respectively.