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       No misuse of LIFE project funds: Mayor
         Posted on :09:28:45 Sep 9, 2018
       Last edited on:09:28:45 Sep 9, 2018
         Tags: no, misuse, LIFE fund, mayor

THIRUVANANTHAPURAM:  City Corporation Mayor V K Prashant has dismissed reports of funds earmarked for the Livelihood Inclusion and Financial Empowerment (LIFE) housing project being diverted to the Pradhan Manthri Awaz Yojana (PMAY).

He said the local body gave priority to the project to provide houses for everyone, and there was no reduction in the allocated amount for the project. “In the first phase of the LIFE project, financial aid is being given to complete the houses that remain incomplete, despite being considered for previous housing projects. Out of the 3,650 houses so identified, work on only 100 houses are remaining,” said the Mayor. In the second phase, priority would be for providing houses for those who owned land. About 7,878 beneficiaries were identified in the Corporation area for this. All of them would be provided houses under the PMAY project. But, the beneficiaries would get only Rs 1.5 lakh each under the PMAY project. As part of the LIFE project, they would be given Rs 2 lakh as the Corporation’s share and Rs. 50,000 as the State government’s share, taking the total sum provided to the beneficiary to Rs 4 lakh.

The revisions to the people’s plan project for the financial year of 2018-19, which were presented in the council on Friday, and which led to reports of the fund diversion, were made to ensure that the beneficiaries got the subsidy amount in time. The revision would also enable the Corporation to get more funds for housing projects in the current financial year.

In the third phase, those not having either land or own house would be considered.

For the implementation of this phase, suitable land had to be identified. In a scenario where land was not available at the prevailing market rates, a revision was made in the project to channel the funds meant for purchasing land to those who had already started house construction. The corporation would not have any difficulty in finding funds as soon as the procedures for buying land were completed, the mayor said.

Meanwhile, the construction of the first flat complex under the LIFE project for those without land or house of their own began at the Karimadom colony.

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