Affordable housing Current Affairs, GK & News
India-World Bank sign Agreements to provide affordable housing
On June 29, 2020, India and World Bank signed agreements worth 250 million USD to promote private sector to develop affordable housing in Tamil Nadu. Highlights The affordable housing is to be constructed in the state of Tamil Nadu. The funds are to be provided through the International Bank for Reconstruction and Development of the ..
Month: Current Affairs - June, 2020
Category: India Nation & States Current Affairs
Topics: Affordable housing • Government of Tamil Nadu • India and the World Bank • International Bank for Reconstruction and Development • World Bank
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
Residential Asset Price Monitoring Survey conducted by RBI
The Reserve Bank of India (RBI) has conducted the quarterly Residential Asset Price Monitoring Survey (RAPMS) on housing loans disbursed by select banks / Housing Finance Companies (HFCs) across 13 cities. The report indicated that housing affordability has worsened over the past 4 years as the House Price to Income (HPTI) ratio increased from 56.1 ..
Topics: Academic disciplines • Affordable housing • Economic geography • Economic inequality • Economy • Median Multiple • Mortgage loan
India Cooling Action Plan
India Cooling Action Plan was released by the Union Minister of Environment, Forests and Climate Change. The plan is aimed at reducing emissions and providing thermal comfort to citizens. India Cooling Action Plan India Cooling Action Plan provides a 20-year perspective to address the cooling requirements across various sectors and recommends ways to provide access to sustainable ..
Month: Current Affairs - March, 2019
Category: Environment Current Affairs
Topics: Affordable housing • economically weaker sections • Energy efficiency • EWS • HCFCs • hydrochlorofluorocarbons • India Cooling Action Plan • National Science and Technology Programme • Ozone Cell • Union Ministry of Environment Forests and Climate Change
Government Approves Construction of more than 5 lakh Affordable Houses
The Ministry of Housing & Urban Affairs has approved the construction of another 560,695 more affordable houses for the benefit of urban poor under Pradhan Mantri Awas Yojana (Urban). The approval was given by the Central Sanctioning and Monitoring Committee under the Ministry of Housing & Urban Affairs. The details of the projects approved are ..
Month: Current Affairs - February, 2019
Category: Government Schemes Current Affairs
Topics: Affordable housing • Andhra Pradesh • Assam • Bihar • Chhattisgarh • Gujarat • Haryana • Jharkhand • Karnataka • Kerala • Madhya Pradesh • Maharashtra • Manipur • Meghalaya • Ministry of Housing & Urban Affairs • Odisha • PMAY(U) • Pradhan Mantri Awas Yojana- Urban • Puducherry • Rajasthan • Tamil Nadu • Uttar Pradesh