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25 NOVEMBER, 2021

If you have been curious about the strategy behind projects like Smart Cities and Pradhan Mantri Awas Yojana, you must know the minds behind it. The Ministry of Housing and Urban Affairs (MoHUA), a crucial department under the Government of India, is behind all these urban development schemes. But what is MoHUA, and what does it do? Continue reading to know.

What is the Ministry of Housing and Urban Affairs India (MoHUA)?

Ministry of Housing and Urban Affairs India is a federal ministry that governs the rules, regulations, and laws related to housing and urban development in India. Currently, it is under the charge of Union Minister Hardeep Singh Puri. MoHUA was lauded for the ‘Smart City’ project and publishing the national city rating, ranking cleanest cities in the country. It also issued the specification of an upcoming cheaper metro system in July 2019 called the metrolite transport system. The key schemes under MoHUA are -

  • Smart Cities Mission
  • Cleanest cities
  • Swachh Bharat Abhiyan
  • Urban transport


Key programs of MoHUA

  • Deen Dayal Upadhyaya Antyodaya Yojana - National Urban Livelihood Mission (DAY-NULM)

MoHUA aims to mitigate poverty and alleviate the urban poor population. Through this scheme, MoHUA creates employment opportunities and provides skill training to the urban poor, and motivates them to form grass root level institutions. This scheme also aims to train urban people and uplift them while providing easy credit access to help them set up their own business.

  • AMRUT (Atal Mission for Rejuvenation and Urban Transformation)

The scheme under MoHUA aims at providing essential services and dignified life for neglected households by building facilities for disadvantaged cities. The Government of India launched this scheme to provide basic amenities like water supply, sewerage, urban transport, etc., to improve their quality of life.

  • Pradhan Mantri Awas Yojana - Urban

Prime Minister's flagship project, Pradhan Mantri Awas Yojana, was launched in 2015 and aims to provide affordable housing for all by 2022. In this scheme, the beneficiary is given home loans at subsidized rates.

  • Urban Transport projects

MoHUA coordinates with state departments to facilitate and approve urban transport projects, and finance metro rail projects. It also aims at finding and encouraging new financing mechanisms for the transport sector.<.p>

  • HRIDAY- National Heritage City Development and Augmentation Yojana

This scheme was launched on January 21, 2015, to bring together urban planning, economic growth, and heritage conservation to preserve the heritage character of Indian cities. It was launched for the holistic development of heritage cities.

  • Smart cities

The objective of this MoHUA’s scheme is to promote sustainable and inclusive cities that give a decent life to their citizens with the application of ‘Smart Solutions’. Launched in 2015, the Ministry plans to develop 100 smart cities.

MoHUA has been a pioneer in backing livelihood missions and supporting urban housing programs. Its various objectives have significantly helped in urban development through various schemes. You can take the benefit of these schemes and invest in a house property. So, why wait? Apply for home loan, today.

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Disclaimer: This Article is for information purpose only. The views expressed in this Article do not necessarily constitute the views of Kotak Mahindra Bank Ltd. (“Bank”) or its employees. Bank make no warranty of any kind with respect to the completeness or accuracy of the material and articles contained in this Newsletter. The information contained in this Article is sourced from empaneled external experts for the benefit of the customers and it does not constitute legal advice from Kotak. Kotak, its directors, employees and the contributors shall not be responsible or liable for any damage or loss resulting from or arising due to reliance on or use of any information contained herein.