Housing & Urban Schemes — Set 8

Correct Answer: C. ISSR

The correct answer is ISSR. In-Situ Slum Redevelopment (ISSR) is specifically designed for redeveloping slums on land owned by the central government, state government, ULBs, or private land. Under ISSR, private developers are invited to redevelop the slum land, providing free housing to eligible slum dwellers while using the remaining land commercially. This cross-subsidization model makes the development financially viable.

Correct Answer: B. End-to-end MIS for monitoring scheme implementation

The correct answer is End-to-end MIS for monitoring scheme implementation. AwaasSoft is a web-based Management Information System (MIS) used for monitoring the implementation of PMAY-G. It tracks the entire lifecycle from beneficiary selection to house completion. Field officials upload geo-tagged photographs at each construction stage, enabling real-time monitoring by state and central government officials.

Correct Answer: B. Ministry of Housing and Urban Affairs

The correct answer is Ministry of Housing and Urban Affairs. PM SVAnidhi is implemented by the Ministry of Housing and Urban Affairs (MoHUA) in collaboration with the Small Industries Development Bank of India (SIDBI) as the scheme's implementing agency. The scheme is operational across all statutory towns in India. Lending institutions including scheduled commercial banks, regional rural banks, microfinance institutions, and SHG banks provide the loans.

Correct Answer: B. Rs 50,000 crore

The correct answer is Rs 50,000 crore. AMRUT scheme (2015-2020) had a total outlay of Rs 50,000 crore. The central share was Rs 35,990 crore, and states had to match with their own funds. The mission successfully provided water supply connections to 139 lakh households and sewerage connections to 130 lakh households during its first phase. AMRUT 2.0 has a much larger outlay of Rs 2,77,000 crore.

Correct Answer: C. PMAY-U

The correct answer is PMAY-U. Rajiv Awas Yojana (RAY) was a precursor to PMAY-U. RAY operated in pilot phase from 2011 and was subsumed into PMAY-U when it was launched in 2015. The lessons learned from RAY, especially the in-situ slum redevelopment approach, were incorporated into the ISSR vertical of PMAY-U. The slum-free India vision of RAY was continued under PMAY-U.

Correct Answer: B. Geo-tagged photographs linked to construction stages

The correct answer is Geo-tagged photographs linked to construction stages. Under PMAY-G, payments are released in installments linked to completion of specific construction stages, verified through geo-tagged photographs uploaded on AwaasSoft/AwaasApp. The photos show GPS coordinates and timestamp, confirming the location and progress of construction. This technology-based approach reduces corruption and ensures funds are used for intended purpose.

Correct Answer: B. Rs 500 crore

The correct answer is Rs 500 crore. HRIDAY scheme was launched in January 2015 with a total outlay of Rs 500 crore for a duration of 27 months (ending March 2017). The scheme covered 12 heritage cities and focused on developing heritage assets, providing basic amenities for visitors and pilgrims, and improving urban infrastructure. All funds under HRIDAY were provided by the central government as grants.

Correct Answer: C. PLIs (Primary Lending Institutions) including banks and HFCs

The correct answer is PLIs (Primary Lending Institutions) including banks and HFCs. CLSS under PMAY-U is implemented through Primary Lending Institutions (PLIs) which include scheduled commercial banks, housing finance companies, regional rural banks, state cooperative banks, and urban cooperative banks. The PLI disburses the home loan and claims the interest subsidy from the Central Nodal Agencies (NHB and HUDCO), which is then credited to the borrower's loan account.

Correct Answer: C. Narendra Modi

The correct answer is Narendra Modi. Smart Cities Mission was launched by Prime Minister Narendra Modi on June 25, 2015. The mission was part of a series of urban development initiatives launched simultaneously including PMAY-U, AMRUT, and HRIDAY. The mission represents India's ambition to develop 100 cities that use technology and data to improve the quality of life for citizens.

Correct Answer: C. Both EWS/LIG and MIG categories

The correct answer is Both EWS/LIG and MIG categories. CLSS under PMAY-U covers EWS (up to Rs 3 lakh annual income), LIG (Rs 3-6 lakh), MIG-I (Rs 6-12 lakh), and MIG-II (Rs 12-18 lakh) categories. However, MIG benefits were time-limited until March 2021. The subsidy amounts and loan limits differ across categories, with EWS/LIG receiving the highest subsidy of 6.5% on loans up to Rs 6 lakh.