SWAMIH Fund- Recent development

The SWAMIH Fund is all set to deliver its first finished apartments in the year 2021. It is a 250-billion-rupee fund set up by Indian government. This fund was created to complete the stalled housing projects. The fund offers a ..

Month: Current Affairs - February, 2021

MoSPI report on Cost Overruns of Infrastructure Projects

The Ministry of Statistics and Programme Implementation (MoSPI) recently released its report on Cost Overruns of the Infrastructure Projects. The ministry monitored the infrastructure projects worth Rs 150 crore. Key Findings of report As per the report, around 450 infrastructure ..

Month: Current Affairs - January, 2021

Infra Status to Affordable Rental Housing Complexes (ARHCs)

The department of economic affairs under the ministry of finance issued a notification to include “Affordable Rental Housing Complex”  in the Harmonized Master List of Infrastructure Sub-sectors by insertion of a new item in the category of “Social and Commercial ..

Month: Current Affairs - September, 2020

Housing Sales Hit in the First Half of 2020, NCR Affected the Most

Due to the Coronavirus pandemic hitting the country hard in 2020, housing sales across the major cities of India have been affected a lot with a decline of 54 per cent to 59538 units during the First Half of 2020. ..

Month: Current Affairs - July, 2020

GDP at 4.5% in Second Quarter(July-September), Lowest in 25 Quarters

The Gross Domestic Product(GDP) of India has now been declining for five straight quarters in a row, falling by 0.5 percent from the first quarter of 2019-20 to 4.5 percent in the second quarter, registering the slowest and lowest growth ..

Reforming Restrictive Tenancy Laws

It is widely accepted that transforming agriculture in the medium to long-run requires fundamental reforms in land institutions as well. But the terms of reference of the High Powered Committee of Chief Ministers for Transformation of Indian Agriculture not include ..