The Modi government will fund millions of home buyers…
The Modi government will fund millions of home buyers’ dream come true, incomplete project.
Prime Minister Narendra Modi’s government has been trying to provide ‘booster dose’ for the last few days to revitalize the recession-hit Indian economy.
The Modi government will fund millions of home buyers’ dream come true, incomplete project
NEW DELHI : – The country’s economic situation has deteriorated and the recession has hit the country. The real estate sector is also seeing the effects of this downturn. Finance Minister Nirmala Sitharaman made a big announcement on Saturday to promote the sector. Sitharaman said the government has decided to provide Rs. 10,000 crore for projects in the construction sector where 60 per cent work has been done. An arrest has been made for this.
Prime Minister Narendra Modi’s government has been trying to provide ‘booster dose’ for the last few days to revitalize the recession-hit Indian economy. Opposition is also being criticized by the Modi government over the economic slowdown. Therefore, the Modi government is announcing discounts related to the economy in order to get out of the recession. Finance Minister Nirmala Sitharaman held a press conference at the National Media Center in Delhi this afternoon and made important announcements regarding exports and real estate. Also, there is a great deal of relief for the small taxpayers, and there is no longer a criminal case in the small default. Up to 25 lakh tax defaulters need to get the approval of senior executives. Also, the government has decided to provide Rs 10,000 crore for the projects in the construction sector, where 60 per cent of the work has been done, Sitharaman said. An arrest has been made for this.
Only, non-performing assets, that is, NPA projects, will benefit. Projects that have reached the National Company Law Tribunal (NCLT) will not benefit from this scheme funding. 3.5 lakh households in the country will benefit from this, Sitharaman said. The government’s announcement will benefit the millions of citizens who are waiting for their home in Delhi NCR. Due to government funding, many projects will be completed. Also, homebuyers will soon be able to own a home. Home loan will be made available to the home buyers easily.
Web Title :- The Modi government will fund millions of homeowners’ dream come true, incomplete project, Nirmala Sitaraman.