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Interest Subsidy Scheme for Housing the Urban Poor(ISHUP)

Government of India has launched an initiative for provision of housing for the Economically Weaker Sections (EWS) and Low Income Group (LIG) through the Jawaharlal Nehru National Urban Renewal Mission (JnNURM). The Ministry of Housing and Urban Poverty Alleviation, Government of India has designed an Interest Subsidy Scheme as an additional instrument for addressing the housing needs of the EWS/LIG segments in urban areas. The scheme envisages the provision of interest subsidy of 5% to the EWS and LIG segments to enable them to buy or construct houses.