Chhattisgarh to launch Atal Vihar Yojana in forty towns

Image
BS Reporter Kolkata/ Raipur
Last Updated : Jan 20 2013 | 10:58 PM IST

Chhattisgarh government will construct about 100,000 houses for poor and middle class people across the state under a scheme named after former Prime Minister Atal Bihari Vajpayee.

The Atal Vihar Yojana would be launched in 40 towns in the state and would be completed in three years. The work on the ambitious housing project that had been designed with an estimated cost of Rs 11,800 crore would start later this month.

“In the first year (2011-12), 30,000 houses would be constructed while in the second year (2012-13), 40,000 houses would be built under the scheme,” Chhattisgarh minister for housing Rajesh Munat said. Remaining houses would be constructed in the final year (2013-14) of the project.The housing project would be executed by state-run Chhattisgarh Housing Board, which would develop an integrated township at block and district headquarters level. The state government would provide land for Re 1 a square feet to the board for executing the project.

The project was earlier named as Vikas Nagar Yojana. But the Bharatiya Janata Party (BJP) ruled Chhattisgarh government decided to change it and name after former Prime Minister Atal Bihari Vajpayee. The state government had earlier launched a housing project Atal Awas for the economically weaker section (ECS) of the society.

“This would be biggest housing project in the state since Chhattisgarh came into being in November 2000,” Munat said. In the scheme, the government intents to give subsidy to the tune of about Rs 175 crore to the poor and middle class people, the minister said, adding that the government would give a subsidy of Rs 80,000 on ECS houses and Rs 40,000 on LIG (Lower income group) units.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 07 2011 | 12:45 AM IST

Next Story