Correct option is C
The correct answer is (c) Vishakhapatnam.
· Greater Visakhapatnam Municipal Corporation (GVMC) was declared the best performing Municipal Corporation in India under the Pradhan MantriAwasYojana (PMAY) in December 2020.
· GVMC was recognized for its effective implementation of the PMAY scheme, focusing on providing affordable housing to the urban poor and ensuring quality and timely construction of houses.
· This recognition highlighted GVMC's commitment to urban development and housing initiatives.
Key point of PM AwasYojna:
· Launched on: The Pradhan MantriAwasYojana (PMAY) was launched on 25th June 2015 By PM. Modi.
· Objective: The scheme aims to provide affordable housing to the urban and rural poor by 2022, the year coinciding with the 75th year of Independence.
· Components: PMAY has two components – PMAY (Urban) and PMAY (Gramin), each targeting the urban and rural population respectively.
· Subsidy: Under the Credit Linked Subsidy Scheme (CLSS), beneficiaries are eligible for interest subsidy on home loans.
· Target: The goal is to construct around 20 million affordable houses.