Pre-cum-Mains GS Foundation Program for UPSC 2026 | Starting from 5th Dec. 2024 Click Here for more information
Helping build urban houses faster, cheaper
News
The Ministry of Housing and Urban Affairs recently launched the Global Housing Technology Challenge, an initiative under the Pradhan Mantri Awas Yojana Urban (PMAY-U)
Important facts
Global Housing Technology Challenge
- The aims of the initiative is to introduce best technologies to fast-track the construction of affordable housing and meet the target of constructing 1.2 crore houses by 2022.
- The challenge has been conceptualized to enable the paradigm shift required in the construction sector in India. The paradigm shift encompasses use of alternative, innovative and fast-track technologies which aims at:
- conservation of natural resources;
- bringing speed in construction;
- utilization of industrial and construction demolition waste;
- reduction in air and noise pollution;
- optimum use of water;
- increased labour productivity;
- cost reduction;
- safe and disaster resilient houses;
- all weather site execution
- The Challenge has 3 components:
- i) Conduct of Grand Expo-cum-Conference where stakeholders will showcase their
best technologies to construct houses
- ii) Identifying Proven Demonstrable Technologies from across the world
iii) Promoting Potential Technologies through setting up incubation centres at
selected IITs and organizing accelerator workshops under the Affordable Sustainable
Housing Accelerators- India (ASHA-India) Program.
Additional Facts
Pradhan Mantri Awas Yojana Urban (PMAY-U)
- It aims to construct 1.2 crore houses and ensure “Housing for All by 2022” by providing financial assistance to the beneficiaries.
- The PMAY-U mission has four components
- In-situ Slum Redevelopment (ISSR),
- Affordable Housing in Partnership (AHP),
- Beneficiary-led Individual house construction or Enhancement (BLC),
- Credit-Linked Subsidy Scheme (CLSS).
Discover more from Free UPSC IAS Preparation For Aspirants
Subscribe to get the latest posts sent to your email.