The Cabinet Committee on Economic Affairs (CCEA) has approved the launch of the Rajiv Awas Yojana (RAY) as a Centrally Sponsored Scheme (CSS), to be implemented in mission mode during 2013-2022. CCEA has also decided to continue the Interest Subsidy Scheme (ISS) for Housing the Urban Poor (ISHUP) and rechristen it as the Rajiv Rinn Yojana (RRY). RAY will provide support to states and union territories and central government agencies for providing housing, social infrastructure and operation and maintenance of assets created under the scheme.
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