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TN trails AP in quantum of affordable homes sanctioned
The Pradhan Mantri Awas Yojana (PMAY) is gradually making headway. Until now, over 26 lakh houses have been sanctioned with an investment of Rs 1.40 lakh crore.
Chennai
Andhra Pradesh tops the tables with regards the number of houses under PMAY. The state accounts for 21% of the total houses sanctioned (5,41,300).
The states of Tamil Nadu (3,35,039) and Madhya Pradesh (287,101) are placed second and third, respectively. In the latest sanctions, Andhra Pradesh has got 1.21 lakh more affordable homes followed by Uttar Pradesh (41,173 units), Assam (16,700 units), Gujarat (15,222 units), Jharkhand (14.017 units) and Maharashtra (9,994 units).
The 10 states (including Karnataka and West Bengal) account for 82% of the total houses sanctioned so far under PMAY. The data was provided by Ministry of Housing & Urban Affairs, Knight Frank said in its India Economic Update, Aug 2017.
Meanwhile, the NITI Aayog also launched the ease of doing business report, based on a survey of 3,500 manufacturing firms across states and union territories.
As per the survey, the average time taken to set up a business in India was 118 days with a huge variation among states. For example, on an average, it takes 63 days to set up a business in Tamil Nadu and 67 days in Andhra Pradesh. At the other end of the spectrum, in states like Kerala and Assam, it takes 214 and 248 days, respectively.
The average number of days for getting a construction permit was 112 days. Even in this area there is a huge variation among states. It takes around 41 days to get a construction permit in Madhya Pradesh and 43 days in Bihar. On the other hand, in Assam and Kerala it takes 270 days and 117 days, respectively.
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