Tamil Nadu has received the nod from the market regulator Securities and Exchange Board of India (SEBI) to launch its State Shelter Fund for attracting investments in the affordable housing segment. Deputy Chief Minister of the State O Panneer selvam said that the - Tamil Nadu government established the Tamil Nadu Infrastructure Fund which is the category-I Alternative Investment Fund. The Deputy Chief Minister said,” The fund is a social impact fund to provide investors with profit besides getting social and environmental benefits.”