Modi govt plans budget incentives for low-cost housing ahead of elections: sources

Modi govt plans budget incentives for low-cost housing ahead of elections: sources

India plans to announce an extension to Prime Minister Narendra Modi’s flagship federal housing scheme in next month’s budget and an increase in available subsidies for low-cost housing loans, three sources said, ahead of elections this year. Finance Minister Nirmala Sitharaman, who will present an interim budget on Feb. 1, is likely to raise allocations … Read more