Finance Minister Nirmala Sitharaman announces Rs. 25,000 crore for stalled real estate projects

The Modi Government on Wednesday announced a Rs. 25,000-crore fund for stalled real estate projects, in a bid to boost the real estate sector. Finance Minister Nirmala Sitharaman announcing the decision, said, the government will put in Rs. 10,000 crore in this Alternative Investment Fund (AIF) while country’s largest lender State Bank of India (SBI) and state-run […]