Housing will be ensured to every citizen: PM Shah
Summary
Prime Minister Balendra Shah says the new Building Act, 2083 aims to guarantee housing rights for every citizen, including subsidies for low-income families and safer homes for middle-income households. The bill also proposes free construction materials for first-time homeowners and relocation of unsafe settlements to safer areas.
Key Points
- Prime Minister Balendra Shah says the right to housing will be ensured for every citizen through the proposed Building Act, 2083.
- The bill proposes subsidies of Rs. 75,000 for poor and needy citizens, shared by the federal and provincial governments.
- First-time homebuilders may receive free river-born and forest materials, while middle-income families could get subsidized loans for safe, earthquake-resistant and smart homes.
- The government also plans to relocate disaster-prone and unsafe settlements to safer places and build new houses there.
