Subsidy
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’s Rs 500 crore. The government runs a 1% interest subvention [...] Continue Reading »
Residents of illegal colonies, villages and other resettlement colonies demanded the government to regularize these type of colonies over a meeting. They also urged to rate the electricity at subsidy basis and provide it to the residents of such areas. Large number of residents participated in the meeting organized by Delhi Vikas Morcha at Tughlakabad. [...] Continue Reading »
