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Govt considering Rs 600 billion housing loan interest subsidy scheme: sources

IndiaTimes Monday, 25 September 2023
India is considering spending $7.2 billion to provide subsidised loans for small urban housing over the next five years. The scheme, announced by Prime Minister Narendra Modi in August, will offer an annual interest subsidy of 3-6.5% on housing loans below five million rupees availed for a 20-year tenure.
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Narendra Modi Narendra Modi Prime Minister of India since 2014 (born 1950)

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Credit: Oneindia    Duration: 05:32Published
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