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Realty sector witnessing k-shaped recovery; smaller players losing mkt share: Icra
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The real estate sector has been down and out for about five years, with the last two years being particularly bad on the back of demonetisation and implementation of RERA and GST. Photo: Mint
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. Updated: 22 Feb 2021, 05:01 PM IST PTI
For the broader market, COVID-19 triggered one of the worst demand crashes in recorded history, with housing sales volumes witnessing a Y decline of 62% during Q1FY21 across the top eight cities of the country, which came down to 24% by Q3
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Updated Dec 28, 2020 | 18:47 IST
Street vendors engaged in vending in the urban, pre-urban & rural areas on or before 24 March 2020 are eligible. There are monthly cash-back incentives on digital payments. Prime Minister Street Vendor s AtmaNirbhar Nidhi PMSVANidhi scheme
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PM SVANidhi or Pradhan Mantri Street Vendor s Atmanirbhar Nidhi scheme was launched on June 1, 2020, by the ministry of housing and urban affairs to help street vendors, who were impacted by the coronavirus pandemic, resume their livelihood activities.
The scheme aims to provide working capital loans up to Rs 10,000 at a subsidized rate of interest.
The interest subsidy on timely or early repayment of the loan is at 7 per cent and street vendors will be allowed to repay the loan in monthly instalments in one year.