FM announces Rs 70k cr to boost exports, housing ...Middle East

Finance minister Nirmala Sitharaman on Saturday announced an over Rs 70,000 cr package for exports and real estate sectors, including setting up of a stressed asset fund, as the govt continued with firefighting measures to pull the economy out of a six-year low growth rate. A Rs 20,000 crore fund will be set up to provide last-mile funding for housing projects.

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