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	<title>Property News India and Featured Real Estate Stories &#187; austerity</title>
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		<title>Home loan interest rate subsidy cut by government</title>
		<link>https://groups.commonfloor.com/news/home-loan-interest-rate-subsidy-cut-by-government-24164</link>
		<comments>https://groups.commonfloor.com/news/home-loan-interest-rate-subsidy-cut-by-government-24164#comments</comments>
		<pubDate>Fri, 06 Jul 2012 04:37:37 +0000</pubDate>
		<dc:creator>Lekshmi</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[austerity]]></category>
		<category><![CDATA[corpus]]></category>
		<category><![CDATA[fiscal deficit]]></category>
		<category><![CDATA[Home loans]]></category>
		<category><![CDATA[Housing loans]]></category>
		<category><![CDATA[Interest rate]]></category>
		<category><![CDATA[Real Estate Sector]]></category>
		<category><![CDATA[Subsidy]]></category>
		<category><![CDATA[Union Cabinet]]></category>

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		<description><![CDATA[The government focuses on austerity over growth to contain the increasing fiscal deficit, it has cut the size of interest rate subvention corpus for affordable housing loans by 20%. It has fixed the corpus at Rs 400 crore for the current fiscal, 20% less than last fiscal&#8217;s Rs 500 crore. The government runs a 1% interest subvention [...]]]></description>
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