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
Funds disbursed so far
Rs 32500 cr- disbursed by the government so far. Image source: PTI
Budgetary allocation
Rs 19000 cr- factored in the budgetary allocation till this fiscal. Image source: PTI
sanctioned houses
63 lakh houses sanctioned as of November 26. Image source: Reuters
government aims
30 lakh houses-govt aims to construct this fiscal. Image source: Reuters
constructed houses
12 lakh houses constructed so far. Image source: Pixabay
under construction houses
23 lakh houses under construction. Image source: Pixabay