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Thousands of people await selection under the Indiramma Housing scheme. But for many beneficiaries, the ₹5 lakh subsidy has fallen short of the actual construction cost, forcing them to dip into savings or take loans. With hut-dwellers prioritised under Phase II, the need to contain costs has become more urgent.
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Mains Practice Question
Critically examine the implications of housing schemes with inadequate subsidies on beneficiaries, particularly in the context of the Indiramma Housing scheme.
250 words
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The Indiramma Housing scheme is a government initiative launched by which state?
The Indiramma Housing scheme is a government initiative launched by the state of Telangana, aimed at providing affordable housing to its citizens.
What is the amount of subsidy provided to beneficiaries under the Indiramma Housing scheme?
The Indiramma Housing scheme provides a subsidy of ₹5 lakh to beneficiaries, which is intended to make housing more affordable.
How many people await selection under the Indiramma Housing scheme in Telangana?
Thousands of people await selection under the Indiramma Housing scheme in Telangana, highlighting the demand for affordable housing in the state.
Consider the following statements regarding Indiramma Housing scheme: 1. Thousands of people await selection under the Indiramma Housing scheme in Telangana. 2. The ₹5 lakh subsidy provided to beneficiaries under the Indiramma Housing scheme is sufficient to cover the actual construction cost for most beneficiaries. 3. Beneficiaries are forced to dip into savings or take loans due to the shortfall in subsidy. How many of the above statements are correct?
The first and third statements are correct based on facts 2 and 5. The second statement is incorrect because fact 4 states that 'the actual construction cost exceeds the ₹5 lakh subsidy for many beneficiaries'.
Consider the following two statements: Statement-I: Beneficiaries under the Indiramma Housing scheme in Telangana often take loans due to a shortfall in subsidy. Statement-II: The actual construction cost exceeds the ₹5 lakh subsidy, forcing beneficiaries to dip into savings or take loans. Which one of the following is correct in respect of the above statements?
Statement 1 is correct because it directly reflects the situation described in Statement 2. The fact list confirms that beneficiaries are forced to dip into savings or take loans due to a shortfall in subsidy, which aligns with Statement 1.