Gujarat allocates Rs 1,066 crore to provide PMAY-Urban houses during next year – ET RealEstate

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By Amit

NEW DELHI: Gujarat finance minister Kanubhai Desai presented the state budget for 2023-24 on Friday. The government made a provision of Rs 1,066 crore to achieve the target of providing houses to approximate one lakh people during the next year under Pradhan Mantri Awas Yojana-Urban (PMAY-U).

Desai made a provision of Rs 932 crore for constructing houses under Pradhan Mantri Awas Yojana-Gramin (PMAY-G).

The finance minister also made a provision of Rs 547 crore under smart city mission.

Under Ahmedabad Metro Rail project to be made commissioned at the expense of Rs 18,000 crore, phase-I of metro service has been made operational. Works of phase-II are in progress.

Works of phase-I and phase-II of Surat Metro Rail Project to be commissioned at the expense of Rs 12,000 crore are in progress. A provision of Rs 905 crore as the government share to this project, Desai informed.

Government aims to improve living standard of people in urban areas through improvement in infrastructure facilities. Development plans and town planning schemes will be made in advance for the planned development with infrastructural facilities in urban areas, he said.

The state government aims to create world class infrastructure facilities with an outlay of approximately Rs 5 lakh crore over the next five years.

Total provision of Rs 19,685 crore for urban development and urban housing department has been made. There is a 37 per cent increase in the budget for the department.

A provision of Rs 8,086 crore for Swarnim Jayanti Mukhyamantri Shaheri Vikas Yojana, implemented for basic infrastructure facilities in municipal corporations, municipalities and urban authorities has been made.

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