Centre approves ₹10,000 crore fund for stalled housing projects

Union cabinet on Wednesday approved moreUnion cabinet on Wednesday approved ₹10,000 crore fund to clear the stalled housing projects. In a press conference, Finance Minister Nirmala Sitharaman said that the government will also rope in State Bank of India (SBI) and Life Insurance Company (LIC) to put another ₹15,000 crore into the fund.