{"id":130879,"date":"2023-03-09T14:58:42","date_gmt":"2023-03-09T09:28:42","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=130879"},"modified":"2023-03-09T14:58:43","modified_gmt":"2023-03-09T09:28:43","slug":"swamih-fund","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/swamih-fund\/","title":{"rendered":"SWAMIH Fund: UPSC Daily Important Topic | 8 March 2023"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">SWAMIH Fund<\/h2>\n\n\n\n<p>\u2705The Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund I is a social impact fund specifically formed for completing stressed and stalled residential projects.<\/p>\n\n\n\n<p>\u2705The Fund is sponsored by the Ministry of Finance, Government of India, and is managed by SBICAP Ventures Ltd., a State Bank Group company.<\/p>\n\n\n\n<p>\u2705The fund considers first-time developers, established developers with troubled projects, developers with a poor track record of stalled projects, customer complaints and NPA accounts, and even projects where there are litigation issues<\/p>\n\n\n\n<p>It is considered the lender of last resort for distressed projects.<\/p>\n\n\n\n<p>\u2705The Fund\u2019s presence in a project often acts as a catalyst for better collections and sales primarily in projects that were delayed for years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SWAMIH Fund \u2705The Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund I is a social impact fund specifically formed for completing stressed and stalled residential projects. \u2705The Fund is sponsored by the Ministry of Finance, Government of India, and is managed by SBICAP Ventures Ltd., a State Bank Group company. \u2705The fund considers [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":130880,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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