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Government to give subsidy to poor for house construction

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The Hindu  14.09.2010

Government to give subsidy to poor for house construction

Special Correspondent

The beneficiaries will have to contribute only Rs. 30,000


Getting an asset:State BJP president K.S. Eshwarappa handing over the allotment letter to a beneficiary under a housing scheme at Kumbaragundi in Shimoga on Monday.

SHIMOGA: State BJP president K.S. Eshwarappa, MLA, said that the Government would provide subsidy to the poor for construction of houses.

He was speaking at a function here on Monday after issuing allotment letters to 216 families in Kumbaragundi, enabling them to construct houses on the sites allotted.

He said it had not been possible to issue such letters to eligible families for long, but it was now being taken up under the initiative of Chief Minister B.S. Yeddyurappa. He noted that the slum clearance board had extended its support to the task.

He asked eligible families to commence construction of houses under various schemes.

Subsidy

Mr. Eshwarappa said the Government would sanction subsidy of Rs. 50,000 for construction of a house, while an equal amount would come as a bank loan to be repaid in 15 years.

He said that eventually the contribution of the beneficiary for the construction would be only Rs. 30,000.

He said that the Government would be requested to arrange for issuing the allotment letters to remaining beneficiaries in the area.

District BJP president R.K. Siddaramanna, MLC, said that families living in the low-lying areas of Kumbaragundi on the banks of Tunga river were exposed to floods every year. He said that they could not take up construction of their own houses in the area owing to some legal problems. He promised that the legal problems had been cleared now and it was possible for the beneficiaries to go ahead and build houses.

President of City Municipal Council K.S. Gangadharappa, vice-president B. Satyaranayana, chairman of Shimoga Urban Development Authority S. Jnanendra and chairman of Taluk Ashraya Samiti Ananth Sastry were present.

Last Updated on Tuesday, 14 September 2010 11:57