Srinagar, March 24 -- Senior officials from J&K Bank, financial institutions, and housing authorities strategized on expediting subsidy disbursals, ensuring seamless loan facilitation for eligible homebuyers from EWS, LIG, and MIG categories.

The meeting focused on devising strategies for effective implementation of the Interest Subsidy Scheme (ISS) component under Pradhan Mantri Awas Yojana-Urban 2.0 (PMAY-U 2.0).

Pertinently, the Pradhan Mantri Awas Yojana-Urban 2.0, launched by the Prime Minister on 17th September 2024, included the Interest Subsidy Scheme (ISS) as a key initiative to enhance affordable housing accessibility. Under this Central Sector Scheme, the eligible beneficiaries from the Economically Weaker Sections (EWS), Low...