In this budget it wont drift. You need a powerful engine and a good swap. Will cost a lot of money. And carby engines wont give you any power no matter what you do.
This car has a rear axle which makes it bad handling wise. You may do a donut but a proper drift will be far more difficult even after changing diff, suspension, transmission and engine. Either increase the budget or just get an old civic. It wont drift but would be at least enjoyable.