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Govt hopes to address many issues with this major move

International   |   Glibs Quick   |   Nov 06, 2019, 20:08 PM

With the approval of 'Special Window' to provide priority debt financing for completion of stalled housing projects in the Affordable and Middle-Income Housing sector, the government hopes to generate considerable employment apart from revival of demand of cement, iron and steel industries. There is also an attempt to relieve stress in other major sectors of the economy. The govt also hopes to relieve financial stress faced by large number of middle-class homebuyers who have invested their hard-earned money; This will also release large amount of funds stuck in these projects for productive use in economy. 

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