TNPSC Thervupettagam

TN gets SEBI approval to launch State Shelter Fund

November 11 , 2018 2061 days 836 0
  • Securities and Exchange Board of India (SEBI) gave nod to Tamil Nadu Government for launching its State Shelter Fund for attracting investments in the affordable housing segment.
  • In this regard, the Tamil Nadu government established the Tamil Nadu Infrastructure Fund which is the category-I Alternative Investment Fund.
  • This was announced at an event called ‘Innovative and Alternative Finance for Business and Infrastructure Development in India’.
  • It was organized by the United Economic Forum (UEF),Chamber of Commerce and World Islamic Economic Forum Foundation (WIEF).

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