Question
Special Window for Affordable and Mid-Income Housing
(SWAMIH) Investment Fund I was recently in the news. SWAMIH was launched in which year?Solution
SWAMIH was announced on 6th November 2019 by the Finance Minister Nirmala Sitharaman. The Union Cabinet cleared a proposal to set up a ‘Special Window’ in the form of AIF to provide priority debt financing for completion of stalled housing projects. SBICAP Ventures was assigned the role of Investment Manager for this special window.
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