Union Budget 2017 to push affordable housing sector: Naidu
The Dollar Business Bureau Underlining the Union Budget 2017 as “peoplisitc” and not "populist", Urban Development Minister Venkaiah Naidu on Thursday said the government has made all-out attempts to strengthen the country’s infrastructure sector, through granting infrastructure status and giving concessions to affordable housing sector, and feels that these developments will give a considerable push to the affordable housing sector. "The Union finance minister has kept before the country a progressive and lokpriya (popular) budget. But, it is not populist, rather peoplistic -- people-oriented, not election-oriented. The Union Budget amply reflected the Centre's inclusive development plan and gives "significant" push to affordable housing,” Naidu said. “Budget for 2017-18 has made house buyers king by incentivising developers and catalysing investment flow by announcing several ...
