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Pradhan Mantri Awas Yojana

29th January – Credit Linked Subsidy Scheme

One of the key schemes through which the Centre has been trying to push demand for affordable housing is the credit linked subsidy scheme (CLSS) which offers an interest subvention on low-ticket housing loans. What is CLSS? The CLSS is the only scheme under the PMAY (Urban) which is directly implemented by the Centre. Through …

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Extension of tenure of loans | PIB Summary

Cabinet approves Extension of tenure of loans under the Credit Linked Subsidy Scheme (CLSS) of Pradhan Mantri Awas Yojana (PMAY) from 15 to 20 years  The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given ex-post facto approval to the proposals for Extension of tenure of loans under the Credit Linked Subsidy …

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