Live
- LG Electronics celebrates festive spirit with "India ka celebration" campaign winners in Hyderabad
- KLH Hyderabad Hosts Fests Showcasing Techno-Management Excellence and Cultural Vibrancy
- RED Health leads critical care in a nation missing timely emergency aid for 80% of patients
- Amazon.in Partners with NCERT to Make K-12 Books Available Pan India
- Maruti Suzuki launches Grand Vitara Dominion Edition: Where distinctive style meets dominance
- UDF Moves Adjournment Motion Over Senior Police Officer's Alleged Meeting With RSS Leaders
- National Conference holds upper hand in J&K alliance as Congress performance below par
- BJP won nearly 2/3 seats it contested in J&K: Assam CM
- Shanghai Masters: Djokovic remains on course for100th tour-level title with win over Cobolli
- PM Modi compliments NC for its victory in J&K polls
2BHK scheme for poor to get largest budget allocation
The Telangana government’s flagship programme - 2BHK for poor - would have the third largest allocation after Irrigation and Water Grid (Mission Bagheeradha) in the 2016-17 budget. The government has already decided to allocate Rs 15,000 crore each to Irrigation and Water Grid from the next financial year.
GHMC area alone to have one lakh houses this year
Hyderabad: The Telangana government’s flagship programme - 2BHK for poor - would have the third largest allocation after Irrigation and Water Grid (Mission Bagheeradha) in the 2016-17 budget. The government has already decided to allocate Rs 15,000 crore each to Irrigation and Water Grid from the next financial year.
Housing department on Tuesday finalised proposals for the construction of two lakh houses at a cost of Rs 14,664 crore. As Chief Minister K Chandrashekar Rao has already made a promise that one lakh houses would be built in the GHMC area alone this year, Rs 7,750 crore budget has been finalised for the purpose.
Construction of another one lakh houses would be taken up in all Assembly constituencies (other than Greater Hyderabad area) by allocating Rs 6,194 crore. At least 60,000 houses would be allotted to villages and the remaining 40,000 given to the poor in urban areas in districts.
Housing Minister A Indrakaran Reddy said that proposals were also prepared to construct 55,000 houses under centrally sponsored Indira Awas Yojana (IAY) scheme at the cost of Rs 527 crore and another 18,672 houses with Rs 193 crore under PM Awas Yojana scheme.
The Minister said the proposals would be forwarded to the Chief Minister after holding final round of meeting with the Housing officials of all districts in a week. From this year, no specific funds would be allocated for Indiramma housing scheme launched by the previous Congress government in the undivided State. All the pending bills will be cleared from the unused funds in the previous budget.
A special scheme is also planned to dispose off all apartments constructed under ‘Rajiv Swagruha’ scheme and lying idle in view of mounting interest burden on loans taken under the scheme from the banks.
