India on Saturday announced a series of measures to revive the housing sector and boost exports as the government tries to kick-start an
economy hit by a lending crisis and a slowdown in demand.
A fund worth 100 billion rupees ($1.41 billion) will be available to complete unfinished affordable and middle income housing projects, Finance Minister Nirmala Sitharaman said.
An equal amount of funding will come from the private sector or from a government insurance company, she added.