Tk 3,118 crore proposed for housing and public works

The government has allocated Taka 3,118 crore for the Ministry of Housing and Public Works in the proposed budget for the financial year (FY) 2016-2017. 

The allocation is Taka 817 crore which is less than the revised budget of the previous FY 2015-16, which was Taka 3,935 crore. 

Announcing the budget proposals at the Jatiya Sangsad here today, Finance Minister Abul Maal Abdul Muhith said, "I propose to allocate Taka 1,273 crore in non-development and Taka 1,845 crore in development budgets for the ministry of housing and public works for FY 2016-2017." 

About planned urbanization and beautification, the minister said' "we have undertaken several projects for planned urbanization. An initiative has been taken to make Detailed Area Plan (DAP) (2016-35) for Dhaka metropolis more realistic and time befitting after reviewing the existing DAP. 

He said that the dvelopment work of Gulshan-Banani-Baridhara and Uttara lakes is progressing fast with a view to beautifying and developing them as recreational areas, after ensuring preservation of environment, improving water storage capacity, and reclaiming lakes from illegal encroachment.

In order to extend housing facilities and civic amenities, Muhith said, construction of 24,697 residential plots at Purbachal in Dhaka is in progress. In addition, we are constructing 18,732 flats at Uttara in Dhaka for lower and middle income groups of people.

Source: BSS.