FM announces Rs 70k cr for exports, housing

Finance minister Nirmala Sitharaman on Saturday announced an over Rs 70,000 cr package for exports and real estate sectors, including setting up of a stressed asset fund, as the govt continued with firefighting measures to pull the economy out of a six-year low growth rate. A Rs 20,000 crore fund will be set up to provide last-mile funding for housing projects.

from Times of India https://ift.tt/32I4D6w