Correct Answer : ₹5,000 crore
The government of India has invested over Rs 5,000 crore in the SBICAP Ventures-backed SWAMIH Investment Fund I, set up under the Special Window for Affordable and Mid-Income Housing(SWAMIH) Projects, taking its final close to Rs 15,530 crore.
* This is amongst the biggest corpus raised by any funds in India in the last few years.
* This project aims to provide priority debt financing for the completion of stressed, brownfield and RERA registered residential projects.
* It is sponsored by the finance ministry, and managed by
SBICap Ventures Ltd..
Source : Economic Times