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FM hands over first batch of houses under special window project

FM hands over first batch of houses under special window project ​ By IANS | Published on ​ Thu, May 13 2021 22:21 IST | ​ 3 Views   Union Minister of State for Commerce & Industry, Nirmala Sitharaman. (File Photo: IANS). Image Source: IANS News New Delhi, May 13 : Union Finance Minister Nirmala Sitharaman on Thursday handed over possession to homebuyers virtually as the Centre s Special Window for Affordable & Mid-Income Housing (SWAMIH) completed its first residential project. The residential project Rivali Park in suburban Mumbai is the first housing project in India to have received funding under the SWAMIH Fund. The SWAMIH Fund was launched by Sitharaman in November 2019.

Breaking News Updates May 10: 1 5 lakh doses of Sputnik V have reached India

Breaking News Updates May 10 23:10 PM IST: Updates for this blog have ended 19:56 PM IST: The Centre has informed the Supreme Court that no governmental aid, assistance or grant was made either for research or development of COVID-19 vaccines - Covaxin and Covishield - but some financial assistance was given for conducting clinical trials. 18:01 PM IST: The Ladakh Administration on Monday extended till May 17 the curfew imposed in Leh to curb the spread of coronavirus. The curfew was earlier scheduled to end on Monday. 16:55 PM IST: An FIR has been lodged against unidentified people for violating COVID protocols during the funeral procession of religious leader here, police said on Monday.

Not Planning To Privatize LIC; IPO Only To Enhance Market Share, Attract Investments: MoS Finance Anurag Thakur

MoS Finance Anurag Thakur (Pic Via Twitter) Union Minister of State for Finance Anurag Thakur has assured that the central government is not intending to privatize the Life Insurance Corporation (LIC). He mentioned that an initial public offering (IPO) of the life insurer has been planned only to enhance its market share and to attract further investment that will lead to better prospects of the policy holders. Speaking in the Lok Sabha, Thakur clarified that the share dilution of the LIC has not been figured yet and mentioned that nobody is losing their jobs due to the proposed IPO. The 46-year-old reminded the opposition that the Narendra Modi-led central government had introduced moratorium on loan repayments to banks during the Covid-19 pandemic. Hence, they can also provide relief to people who face issues in continuing with LIC premium payments.

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