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

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

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Updated on: December 07, 2018, 04.03 PM IST
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Funds disbursed so far

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

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Budgetary allocation

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

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sanctioned houses

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

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government aims

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

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constructed houses

12 lakh houses constructed so far. Image source: Pixabay

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under construction houses

23 lakh houses under construction. Image source: Pixabay