Affordable Housing Fund Current Affairs, GK & News
Affordable Housing Fund
In line with the government’s aim to provide housing for all by 2022, Affordable Housing Fund (AHF) under National Housing Bank was announced in Union budget. Towards this purpose, the National Housing Bank Act is to be amended to transfer its equity from RBI to government. The AHF will be funded from priority sector lending ..
..Read MoreAsian Development Bank to invest 100 million USD in NIIF
On March 30, 2020, the Asian Development Bank announced that it is to invest 100 million USD in National Investment and Infrastructure Fund (NIIF). The investment during an economic slow down is a great boost for the Indian Economy. NIIF The National Investment and Infrastructure Funds were set up in 2015. The main purpose of ..
Month: Current Affairs - March, 2020
Category: Economy & Banking Current Affairs
Topics: Affordable Housing Fund • Asian Development Bank (ADB) • Energy Sector • NIIF • NIIF Fund of Funds • NIIF Master Fund • NIIF Strategic Fund • Waste management • Water
Finance Minister: Rs 25,000 crore Fund for stuck Housing Projects
On November 7, 2019, Government of India announced the establishment of Rs 25,000 crore fund for home buyers whose money is stuck in stalled projects. According to the Ministry of Finance, there are over 1600 such projects comprising of 4.58 lakh housing units across the country. The “Special Window” will prioritize debt financing in the ..
Month: Current Affairs - November, 2019
Category: Economy & Banking Current Affairs
Topics: Affordable housing • Affordable Housing Fund • Alternative Investment Funds • Housing Sector • Ministry of Finance
Schemes announced in Union Budget 2018-19
Union Finance minister Arun Jaitley presented Union Budget 2018 in Parliament. It is last full budget of Narendra Modi Government before 2019 Lok Sabha elections. Several new schemes were announced. Some of them are National Health Protection Scheme National Health Protection Scheme (Ayushman Bharat Scheme) will cover 10 crore poor and vulnerable families. Under it, ..
Month: Current Affairs - February, 2018
Topics: Affordable Housing Fund • Budget 2018-19 • CLAT • Eklavya Schools • Gobar-Dhan Yojna • Government Schemes • National • National Health Protection Scheme • Operation Green • Prime Minister Fellowship Scheme • RISE Scheme