Government launches Global Housing Technology Challenge to build houses in shorter time

• Union minister Hardeep Singh Puri Monday launched the Global Housing Technology Challenge (GHTC) among stakeholders, a move aimed at introducing best technologies that seek to construct houses in a shorter period of time with lower cost.

Key highlights

• Under the initiative launched by the Pradhan Mantri Awas Yojana-Urban (PMAY-U), the government will hold ‘grand expo-cum-conference’ in March where stakeholders will showcase their best technologies to build houses.

• Builders can opt for identified technologies for timely delivery of their projects.

• The PMAY-U, launched by Prime Minister Narendra Modi in June 2015.

• It aims to construct more than one crore houses and ensure “Housing for All by 2022” by providing financial assistance to the beneficiaries.

• The ministry has so far sanctioned around 68.5 lakh for construction under the PMAY (U). Around 1.5 million houses have been handed over to beneficiaries.

• The technologies identified at the March conference will be implemented on a pilot basis to see the results.

• Puri envisioned to source technologies from all over the world and identify those that would be suitable for adoption in India.


Mains Paper 1: Social Issues | Urbanization, their problems & remedies

Prelims level: GHTC

Mains level: Housing for all

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