Telangana government allocates 11,917 crore for 2-bhk project
After having drawn severe criticism for not releasing adequate funds to the two-bed room housing project for the homeless poor in the past six years, chief minister K Chandrasekhar Rao-led TRS government has allocated Rs 11,917 crore to the housing department in the budget for 2020-2021 fiscal.
The government had allocated a meagre Rs 1,005 crore in 2019-20 budget for the project.
With this huge allocation in 2020-21 budget, the good news for homeless poor is that their six-year long wait and dream of becoming owners of “dignified housing” in the form of 2-bhk units — an election promise made by chief minister K Chandrasekhar Rao in 2014 poll campaign — has shown signs of materialising.
Over one lakh houses in and around GHMC area alone are likely to be completed before elections to the civic body. Polls to GHMC are likely to be held by year end or early 2021.