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Finance Minister holds review meeting on Special Window for Stressed Residential Projects to boost investment in the Real Estate Sector

Rs 8767 cr approved for 81 projects involving involving 60,000 stalled homes across India. (1/4)

Read More➡️pib.gov.in/PressReleseDet…
The approved projects are spread across a mix of markets including large cities such as NCR, MMR, Bengaluru, Chennai, Pune and also Tier 2 locations including Karnal, Panipat, Lucknow, Surat, Dehradun, Kota, Nagpur, Jaipur, Nashik, Vizag, Chandigarh etc . (2/4)
18 projects have been given final clearance involving 11000 home buyers and disbursement is at various stages across 7 residential projects. (3/4)
Single window enabling transparency in Real Estate by tight control mechanism. (4/4)
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Ministry of Finance
@FinMinIndia
Immediately after announcement of #AatmaNirbharBharatPackage by FM Smt. @nsitharaman, Ministry of Finance & Corporate Affairs started implementation of Economic package.
In latest review taken by FM following progress has been reported: (1/8)

Read More➡️ pib.gov.in/PressReleasePa…
#AatmaNirbharBharatPackage
Progress so far:

✅Global tenders disallowed in Government procurement tenders up to Rs 200 crore.
✅Relief to Contractors

(2/8)

#IndiaFightsCorona
#AatmaNirbharBharatPackage
Progress so far:

✅Supporting State Governments - additional Borrowing of 2% of projected GSDP to States in 2020-21

(3/8)
Read 8 tweets
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Ministry of Finance 🇮🇳 #StayHome #StaySafe
@FinMinIndia
More than 33cr poor people received financial assistance of Rs 31,235cr (as on 22.04.2020) under #PradhanMantriGaribKalyanPackage.
Robust Digital payment infrastructure set up by Govt has enabled prompt transfer of cash payment under PMGKP.

Read more➡️ pib.gov.in/PressReleseDet…
This digital pipeline has been laid through linking of Jan-Dhan A/cs as well as other A/cs with account holders’ mobile numbers and Aadhaar. This pipeline is providing necessary backbone for DBT flows, adoption of social security/pension schemes,etc.
#IndiaFightsCorona
19.63 lakh MT of food grains have been distributed to 39.27 Cr beneficiaries covered by 1.19 Cr Ration cards (as on 22.04.2020) under #PradhanMantriGaribKalyanAnnYojana.

1,09,227 MT of Pulses have also been dispatched to various states/UTs.

#IndiaFightsCorona
Read 5 tweets
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Ministry of Finance 🇮🇳 #StayHome #StaySafe
@FinMinIndia
(1/7) More than Rs 36,659 Crore transferred by using Direct Benefit Transfer (DBT) through Public Financial Management System (PFMS) in the Bank accounts of 16.01 crore beneficiaries during #COVID19 lockdown.
#IndiaFightsCorona

For more details: ➡️pib.gov.in/PressReleaseIf…
(2/7) DBT payments have reached beneficiaries under various schemes such as PM KISAN, Mahatma Gandhi National Employment Guarantee Scheme (MNREGS), National Social Assistance Program(NSAP),
(3/7) Prime Minster’s Matru Vandana Yojana (PMMVY), National Rural Livelihood Mission (NRLM), National Health Mission (NHM), Scholarship Schemes of various ministries through National Scholarship Portal (NSP).
Read 7 tweets

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