₹10,194 crores to be released for pending housing schemes

₹10,194 crore to be released for pending housing schemes

The State Cabinet on Thursday in principle decided to release ₹10,194 crores for the completion of 9.74 lakh houses under various housing schemes.

Briefing on the Cabinet decisions, Law and Parliamentary Affairs Minister J.C. Madhuswamy said the amount would be used for the completion of 9.74 lakh houses, which were pending since 2012. Owing to various reasons, houses under many schemes had not been completed for the last eight years, he said.

The Cabinet cleared a draft of the Bill on slashing 30% salary and allowances of MLAs, MLCs, Speaker, Deputy Speaker, and all Ministers for one year. The Bill would be tabled during the next session of the legislature.

It was decided to hand over the Pandavapura Cooperative Sugar Factory to a private company on a lease basis for 40 years. It was also decided to take up construction work of a guesthouse on the State government’s land at Tirumala in Tirupathi at an estimated cost of ₹200 crores.

You have reached your limit for free articles this month.

To get full access, please subscribe.


Already have an account ? Sign in

Show Less Plan


Subscription Benefits Include

Today’s Paper

Find mobile-friendly version of articles from the day’s newspaper in one easy-to-read list.

Faster pages

Move smoothly between articles as our pages load instantly.

Unlimited Access

Enjoy reading as many articles as you wish without any limitations.


A one-stop-shop for seeing the latest updates, and managing your preferences.

Personalised recommendations

A select list of articles that match your interests and tastes.


We brief you on the latest and most important developments, three times a day.

*Our Digital Subscription plans do not currently include the e-paper ,crossword, iPhone, iPad mobile applications and print. Our plans enhance your reading experience.

Sagar Biswas

Sagar Biswas

A full-time blogger who shares his point of view on a different social issue that needs to be addressed, He completed his bachelor's degree in commerce stream and likes to make the podcast

Leave a Reply

Your email address will not be published. Required fields are marked *