Comments
There has been an increase of 3 per cent in the gross budgetary support given to the Ministry of Housing and Urban Affairs for 2018-19 as against 2017-18.
Hardeep Singh Puri, Minister of State (Independent Charge) for Ministry of Housing and Urban Affairs, on Tuesday said, “₹41,765 crore has been allocated to the Ministry during 2018-19 as against ₹40, 617 crore during 2017-18 which translates into an increase of nearly 3 per cent in gross budgetary support”.
He added, “The outlay for PMAY (Urban) has been increased by ₹25,000 crore in the extra budgetary resources for the implementation of PMAY in the financial year 2018-19. It will be raised outside general Budget”. For 2018-19, PMAY (Urban) got Budgetary support of ₹6,500 crore, an enhancement of 520 per cent over previous year, said the press release. “Around 37.45 lakh dwelling units in 7,474 projects with an investment of ₹2,03,752 crore involving central assistance of ₹57, 681 crore have been accepted under PMAY in the last 31 months. Of this, 19.49 lakh houses have been grounded and 3,19,648 houses have already been completed. A total of 2,78,267 houses have been occupied,” said Puri
An amount of ₹6169 crore has been allocated under the Smart Cities Mission during 2018-19, which is a hike of 54.2 per cent over last year’s allocation, said the press release.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.