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Guidelines for revised integrated housing scheme for workers

Capital Market 

Ministry of Labour & Employment has released guidelines for the Revised Integrated Housing Scheme (RIHS), 2016 for workers.

The scheme provides housing subsidy of Rs. 1,50,000/- per worker for construction of house to be paid in three installments directly into the account of the beneficiaries.

The workers engaged in Beedi/Iron Ore Mines, Manganese Ore & Chrome Ore Mines (IOMC)/Limestone Ore Mines, Dolomite Ore Mines (LSDM) /Mica Mines and Cine Industries, registered with the Labour Welfare Organisation (LWO).

Ministry provides housing subsidy to the workers for construction of houses. The fund allocated for this purpose in the Financial Year 2017-18 is Rs. 60,95,54,000/- and during current year 8000 houses are proposed to be sanctioned. The construction of houses in next financial year depends upon the allocation of budget.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, August 10 2017. 12:57 IST
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