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Monday, Nov 28, 2022

Finance Minister hints: Sops for home buyers and senior citizens

On the collapse of IL&FS and Jet Airways, Sitharaman said, “I don’t want any more institution falling off the cliff.” She added: “Why we didn’t sense it earlier... it was much too late.”

Finance Minister hints: Sops for home buyers and senior citizens Finance Minister Nirmala Sitharaman with The Indian Express Executive Editor (National Affairs) P Vaidyanathan Iyer, National Opinion Editor Vandita Mishra in Mumbai. (Express photo: Nirmal Harindran)

UNION Finance Minister Nirmala Sitharaman said Tuesday that the government is working on some sops for the real estate sector, particularly for home buyers, and support to senior citizens in the wake of the decline in interest rates.

“In real estate, we have started working on some proposals… we will have an offer for home buyers. Soon we will come to a stage to offer some solutions to them,” she said. The government is also working on “support to the senior citizens… work is going on it”.

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