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 ..

Asian 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 ..

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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 ..

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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, ..

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