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GOI Invests in “SWAMIH Investment Fund I”

Published on December 10, 2022
Current Context: The Government of India (GOI) infused a sum of INR 5,000 Cr in the “SWAMIH Investment Fund I” to help homebuyers.
GOI Invests in “SWAMIH Investment Fund I”
  • This capital infusion of INR 5,000 Cr by the GOI brought the ultimate value of the SWAMIH Investment Fund I to INR 15,530 Cr.
  • It was established under the Special Window for Affordable and Mid-Income Housing (SWAMIH).
  • The primary objective of this initiative is to fund stressed and stuck projects and assist homebuyers across India.
  • The fund under this initiative is managed by SBICAP Ventures Ltd (SVL) and the LIC and SBI are its anchor investors.
  • It has planned to build 20,000 homes per annum for the next three years.
  • SVL was established in 1986 with its headquarters in Mumbai. The current MD & CEO of the company is Suresh Kozhikote.


Q.1 How much amount was recently infused by the GOI in the SWAMIH Investment Fund I?
a. INR 2,000 Cr
b. INR 3,000 Cr
c. INR 4,000 Cr
d. INR 5,000 Cr

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