It is  expected that introduction of targets will contribute in achieving the policy objective of increasing the housing finance portfolio from 1.7 percent currently to 6 percent of total private sector credit by December 2023. Now I move to the first cross-cutting theme that is financial inclusion.
Financial inclusion is an important instrument for inclusive economic growth and therefore, is also a high priority for the government. We all know that majority of people in our country fall in lower income groups who strive each day to make their ends meet.