SWAMIH Investment Fund gives final approval to 105 proposals


SWAMIH Investment Fund gives final approval to 105 proposals

In November 2019, the centre had announced a Rs 25,000-crore fund -- Special Window for Affordable & Mid-Income Housing (SWAMIH)-- to help complete over 1,500 stalled housing projects comprising 4.58 lakh housing units across the country.

IDRCL is an asset management company set up by the government with an authorized capital of Rs 50 crore. It will work in tandem with the National Asset Reconstruction Company Ltd (NARCL) to clean up the banking sector's bad loans. IDRCL will provide management and resolution of assets acquired by NARCL.


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