Rs 22.64cr Hudco Loan For Himachal

Image
BSCAL
Last Updated : Mar 21 1998 | 12:00 AM IST

The Housing and Urban Development Corporation Ltd (Hudco) has sanctioned a loan of Rs 22.64 crore to the Himachal Pradesh Housing Board under the Gandhi Kuteer Yojna to help economically weaker sections in rural areas, according to of Hudco chairman and managing director V Suresh. Suresh said the Himachal government plans to cover seven districts Bilaspur, Chamba, Kulu, Sirmaur, Una, Kangra, Solan, Lahaul Spiti, Kinnaur and Shimla with the loan provided under the Hudco scheme. Hudco proposes to help the Housing Board in the construction of 14,081 dwellings with the project cost of Rs 27.50 crore. So far, Hudco has sanctioned 144 projects costing Rs 252.09 crore to the board and various other development agencies.(PTI) of the state government, Suresh said. The toatal loan commitment for the projects in the hill state is Rs 169.22 crore and Hudco has already released Rs 105.29 crore.

*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: Mar 21 1998 | 12:00 AM IST

Next Story