RD min planning housing insurance for rural poor

Indira Awaas Yojana beneficiaries set to get money for houses' maintenance

brajesh

Brajesh Kumar | July 6, 2011



Housing for the rural poor seems more secure now with the government planning to extend insurance against natural disasters as a part of the Indira Awas Yojana (IAY)welfare scheme.

The rural development ministry's insurance-welfare will cover all new IAY houses, while houses older than 15 years will be aided for repairs. The poposals were discussed by ministry officials at a meeting on 'emerging directions for rural housing under XII plan' on June 30.

“All new houses could be insured through group insurance to cover losses due to natural disasters and other emergencies . Also, IAY houses older than 15 years may b emtitled to assistance for maintenance/upgradation again through credit-cum -ubsidy,” said an official.

Other proposals that could go a long way in insuring proper housing for the rural poor include increasing unit cost to Rs 75,000 from the existing allocation of Rs 45,000.

The ministry is also mulling on enhancing the unit cost incrementally each year to absorb cost escalation.

As far as the unit cost for purchase of homestead plots under IAY is concerned, the ministry wants to increase it from Rs 10,000 to Rs 20,000.  

With a view to meeting the housing needs of the rural poor, IAY was launched in May 1985 as a sub-scheme of Jawahar Rozgar Yojana. It is being implemented as an independent scheme since January 1, 1996.

It aims at helping rural people below the poverty-line (BPL) belonging to SCs/STs, freed bonded labourers and non-SC/ST categories in construction of dwelling units and upgradation of existing unserviceable kutcha houses by providing assistance in the form of full grant.
 

Comments

 

Other News

India reaffirms commitment to climate multilateralism

India has reaffirmed its commitment to climate multilateralism and the principles of Equity and Common But Differentiated Responsibilities and Respective Capabilities (CBDR-RC), calling for a fair, equitable and ambitious outcome at the 31st Conference of the Parties (COP31) to the United Nations Framewo

How the mind can help the body heal itself

Why do some people recover from illness against all odds? Can our beliefs, emotions and consciousness influence the body’s ability to heal? Drawing on over three decades of experience in medicine, research and medical innovation, internationally trained ophthalmologist and author Dr Dinesh Verma ex

1,364 anti-cancer formulations to cost less from today

The National Pharmaceutical Pricing Authority (NPPA), under the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, has capped trade margins on the Maximum Retail Price (MRP) of 137 anti-cancer drugs. This was based on the recommendations of an Expert Committee constitute

Who checks the books?

I read about the news about the Coimbatore library over coffee this morning. On the face of it, the headline was about a political ‘war’ between the DMK and TVK. But what stayed with me was something much more important than the blame game behind what had transpired. A writer walking through

Development paradox: Falling poverty miracle and an inequality problem

India’s reduction in poverty over the past decade is a development achievement of considerable significance. The World Bank’s April 2026 ‘India Development Update’ estimates that the share of Indians living below the international extreme-poverty line of $3.00 per person per day i

In Arunachal, a river we call mother

In Arunachal Pradesh, the Siang is not just a river. For many of us, especially the Adi people, it is part of our family. Our grandparents fished in it. Children learned to swim in it. Our farms drink from it. When someone says a huge dam will be built on it, we do not hear the word "project".

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter