ForumIAS LATEST
- SFG FRC 2027 | Program starts from 19th Dec. 2026 | Admissions open for Entrance Test Click Here to know more →
- Prelims Test Series (PTS) for Prelims 2027 starts 11th Oct. 2026 Click Here to know more →
- [Pre-order] Ethics Redbook 3rd Edition: Delivery starts from 10th October onwards Click Here to Read More →
- 21 Sept. | GS Advance Program (GSAP) for UPSC 2027 Mains starts from 11th Oct. Click Here to Read More →
- Finance minister has interacted with the industry representatives to understand measures required to remove friction points in the economy.
- The measures are aimed at ensuring easy availability of funds to productive sectors and stimulate overall growth.
- The real estate sector has also flagged their concerns regarding the ongoing liquidity crunch,demand slowdown and problem of stalled projects.
- The industry sector have demanded that banks and NBFCs should be encouraged to fund projects.They have also asked the Government to create Rs 10,000 crore stress fund to complete such projects and provide relief to these homebuyers.
- Further,the industry have also suggested measures such as (a)reduction of interest rates on home loans to 7% and (b)withdrawal of the recent National Housing Board(NHB) circular prohibiting subvention scheme where the interest is paid by the developer for certain fixed time.
