close

News WrapGet Handpicked Stories from our editors directly to your mailbox

How much money Modi Govt needs to build 1 cr houses?

Dec 07, 2018, 04:03 PM IST

To meet the requisite target of building houses, the government will have to ramp up funds with utilisation of capital holding key, said a Crisil report. "Our calculations show the government will have to garner around Rs 1 lakh crore over the next three years if it has to achieve the target of building 1 crore houses. This is going to be a tall ask given the current fiscal arithmetic," Prasad Koparker, Senior director, Crisil Research

1/6

Funds disbursed so far

Funds disbursed so far

Rs 32500 cr- disbursed by the government so far. Image source: PTI

2/6

Budgetary allocation

Budgetary allocation

Rs 19000 cr- factored in the budgetary allocation till this fiscal. Image source: PTI

3/6

sanctioned houses

sanctioned houses

63 lakh houses sanctioned as of November 26. Image source: Reuters

4/6

government aims

government aims


30 lakh houses-govt aims to construct this fiscal. Image source: Reuters
 

5/6

constructed houses

constructed houses

12 lakh houses constructed so far. Image source: Pixabay

6/6

under construction houses

under construction houses

23 lakh houses under construction. Image source: Pixabay