Discover and read the best of Twitter Threads about #SWAMIH
Most recents (2)
In 2019, several homebuyers, largely those belonging to middle income groups, made representation to @PMOIndia about their situation- having to pay EMI while continuing to live in rented houses. Projects were stalled, they didn’t get possession of their homes. @PIB_India (1/4)
The real estate sector was under stress. Financial institutions couldn’t give additional funds to complete the projects.
The #middleclass #homebuyers were in a quandary.
After several stakeholder consultations, #SWAMIH Fund was created.
@PIB_India (2/4)
The #middleclass #homebuyers were in a quandary.
After several stakeholder consultations, #SWAMIH Fund was created.
@PIB_India (2/4)
Stalled #RERA-registered projects from all over the country were identified. Steps in due diligence were taken.
Despite #Covid,the @finmin, @DFS_India, @MoHUA_India @TheOfficialSBI worked together. Several state govts were proactive in facilitating the process.
@PIB_India (3/4)
Despite #Covid,the @finmin, @DFS_India, @MoHUA_India @TheOfficialSBI worked together. Several state govts were proactive in facilitating the process.
@PIB_India (3/4)
Banks have sanctioned Rs 1.87 lakh Cr,to 50.7 lakh units under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme,#ECLGS,of @narendramodi govt💪
Rs 1.36 lakh Cr has been disbursed to over 27 lakh units in #MSME sector,impacted by slowdown caused by #coronavirus pandemic
Rs 1.36 lakh Cr has been disbursed to over 27 lakh units in #MSME sector,impacted by slowdown caused by #coronavirus pandemic
Ambit of scheme,expanded to include #MSMEs with turnover of up to Rs 250Cr&individuals for business purposes
As of 5thOct2020,Rs 17460Cr of loans to individuals have been sanctioned,of which 5939Cr has been disbursed
#ECLGS scheme is a big success
#EconomicRecovery #GreenShoots
As of 5thOct2020,Rs 17460Cr of loans to individuals have been sanctioned,of which 5939Cr has been disbursed
#ECLGS scheme is a big success
#EconomicRecovery #GreenShoots
As many as 33 stranded housing projects with investment of 4197Cr accorded final approval under #SWAMIH scheme
Special window for Affordable&Mid Income Housing Fund #SWAMIH,is working at fast pace to provide relief to 25048 homeowners
#EconomicRecoveryOnTrack #ECLGS #GreenShoots
Special window for Affordable&Mid Income Housing Fund #SWAMIH,is working at fast pace to provide relief to 25048 homeowners
#EconomicRecoveryOnTrack #ECLGS #GreenShoots
