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Union Budget 2018: Government to create fund for affordable housing

Taking ahead one of the key promises made by the BJP-led central government, the union Budget for 2018-19 focuses on affordable housing

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Arun Jaitley said that about 31 lakh homes are to be built in urban areas in 2018-19. In rural areas the target is to construct 51 lakh affordable units. Representation pic
Arun Jaitley said that about 31 lakh homes are to be built in urban areas in 2018-19. In rural areas the target is to construct 51 lakh affordable units. Representation pic

Taking ahead one of the key promises made by the BJP-led central government, the union Budget for 2018-19 focuses on affordable housing. Finance Minister Arun Jaitley has given priority to affordable housing by announcing housing for all by 2022. The government has decided to set up a National Housing Bank (NHB) to create a fund for affordable housing.

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