Naidu praises HUDCO for constructing 16 mln residential units

Image
Press Trust of India New Delhi
Last Updated : Apr 25 2017 | 9:42 PM IST
Union Minister M Venkaiah Naidu today applauded public sector HUDCO for constructing 16 million residential units across the country with over 90 per cent of them benefiting the economically weaker sections.
Addressing the 47th Foundation Day of Housing and Urban Development Corporation Ltd (HUDCO), the minister said the firm is playing an important role in financial inclusion by taking care of the housing finance needs of the poor people.
"In the last 47 years, HUDCO had constructed 16 million residential units across the country and over 92 per cent of these dwelling units have benefited the economically weaker sections and low income groups," he said.
During the occasion, the minister released various publications, namely 'Shelter', 'HUDCO Darpan', 'HUDCO Design Awards 2016', 'Sankalp' and 'Urban India'.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 25 2017 | 9:42 PM IST

Next Story