The Modi govt may announce an extension to flagship housing scheme in next month’s budget along with an increase in available subsidies for low-cost housing loans. Finance Minister Nirmala Sitharaman, who will present an interim budget on Feb. 1, is likely to raise allocations for low-cost housing by more than 15% to 1 trillion rupees for 2024/25.
Govt seeks House nod for extra ₹51,463 cr spending
The Indian government has sought parliamentary approval for an additional net expenditure of ₹51,463 crore for the current fiscal year, on top of a previous