Alternative Investment Fund – Economics – Free PDF Download

CURRENT AFFAIR

• UNION FINANCE MINISTER
• AIF WORTH RS.25,000 CRORE
• STALLED PROJECTS AND REAL ESTATE SECTOR

WHAT IS IT FOR

• STALLED PROJECTS
• RELIEF TO DEVELOPERS
• DELIVERY OF HOMES

WORKING

• PROVIDE FUNDS TO BAIL OUT STALLED PROJECTS
• GOVERNMENT TO ACT AS SPONSOR
• LIC AND SBI
• SBICAP VENTURES WILL BE INVESTMENT MANAGER
• SPECIAL WINDOW

BENEFITS

• REVIVE STRESSED REAL ESTATE SECTOR
• RELIEVE FINANCIAL STRESS
• RELEASE MONEY STUCK IN PROJECTS

SIGNIFICANCE

• JOBS
• MULTIPLIER EFFECT

WAY AHEAD

• ATTRACTING INVESTORS
• MONEY SHOULD BE RELEASED FROM AIF
• REAL ESTATE INDUSTRY SHOULD CAPITALISE

Latest Burning Issues | Free PDF

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