HomeLatestKochi Civic Body Fails to Disburse PMAY and Life Mission Funds, Delays...

Kochi Civic Body Fails to Disburse PMAY and Life Mission Funds, Delays Housing Projects

The Kochi Municipal Corporation has come under fire for its failure to disburse crucial funds for the Pradhan Mantri Awas Yojana (PMAY) and Life Mission housing schemes, leaving 80 beneficiaries awaiting financial support. Despite having a substantial balance of ₹28 crore in its dedicated bank account for these schemes, the corporation has not released the necessary funds, delaying the completion of housing projects for families in need.

M G Aristotle, Secretary of the UDF Parliamentary Party in the corporation, expressed frustration over the situation: “We have learned that around 80 beneficiaries are still waiting for the release of funds. Despite the bank account having around ₹28 crore, the corporation has failed to disburse the funds, causing unnecessary delays in housing construction.”

Beneficiaries who have received partial payments are struggling to complete their homes. For example, Sudheesh T S from Palluruthy shared his experience, saying, “We received only ₹80,000 out of the ₹1.6 lakh that was due to us. They cite a shortage of funds, but we are struggling to complete the construction.” The corporation has pointed to delays in receiving the Union government’s share of funds as a key factor contributing to the issue. According to Mayor M Anilkumar, the corporation often has to rely on its own funds due to the delay in central disbursements. “We are asked to use our own funds temporarily, which will later be adjusted when the Union government’s share is received. This long delay in getting the central share hampers the implementation of the scheme,” said the mayor. However, local officials are reluctant to divert funds from other projects to meet the urgent housing needs. “If we divert funds from other earmarked projects for PMAY/Life Mission, we may be held accountable if those projects face delays,” said a senior official within the corporation. This ongoing delay has left many families in a difficult position, as they await the promised financial support to build homes under these vital housing schemes.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

Trivandrum Welcomes Hettich First Exclusive Store Showcasing Premium German Furniture Solutions

Trivandrum Welcomes Hettich First Exclusive Store Showcasing Premium German Furniture Solutions

0
Trivandrum has witnessed the launch of Hettich India’s first exclusive HeX store, bringing premium German furniture solutions to the city. The experiential store features...
Dehradun Advances Smart Interior Trends With Hafele Opening Cutting Edge Design Studio

Dehradun Advances Smart Interior Trends With Hafele Opening Cutting Edge Design Studio

0
Dehradun is witnessing a significant boost in premium interior solutions with Hafele’s launch of a cutting-edge Design Studio. Situated at 188, Dharampur and developed...
India Welcomes Asian Paints As Official Colour Partner For India Matches

India Welcomes Asian Paints As Official Colour Partner For Cricket Matches

0
Mumbai has announced Asian Paints as the Official Colour Partner for India Cricket in a three-year collaboration covering over 110 matches across men’s, women’s,...
Bhatapara Advances As Ambuja Commissions 4 MTPA Clinker Capacity Unit

Bhatapara Advances As Ambuja Commissions 4 MTPA Clinker Capacity Unit

0
Bhatapara in Chhattisgarh advances its industrial footprint as Ambuja Cements commissions a 4 MTPA clinker capacity unit, pushing its consolidated output to 66 MTPA...
Mumbai Unveils Nuvoco ZERO M UNNATI App Enhancing Rewards And Knowledge Access

Mumbai Unveils Nuvoco ZERO M UNNATI App Enhancing Rewards And Knowledge Access

0
Various states across india have witnessed the launch of Nuvoco’s ZERO M UNNATI App, a digital platform aimed at deepening engagement with contractors, masons,...