By Accommodation Times Bureau
The Minister for Housing and Urban Poverty Alleviation (HUPA) Kumari Selja has said that Slum is a State subject. According to the 65th Round NSS Survey (July 2008-June 2009), the estimated number of slums in the country is 48994.
In a written reply in the Rajya Sabha today she said, to enable the urban poor to obtain credit for home loans at affordable rates, this Ministry is implementing the Interest Subsidy Scheme for Housing the Urban Poor (ISHUP) which provides interest subsidy @ 5% on housing loans up to Rs. 1.00 lakh.
She said, as on 31.03.2012, 10,215 beneficiaries have been identified under ISHUP. The year wise progress under ISHUP during last three years are at Annexure-I.