India’s HUDCO ( Housing and Urban Development Corporation) Ltd celebrated its forty seventh day of foundation. Minister of Housing & Urban Poverty Alleviation Mr M. Venkaiah Naidu inaugurated the function.
Here is what Naidu said on HUDCO’s 47th foundation day.
HUDCO has been playing a major playing to take forward financial inclusion in the country,
It has been working hard to take care of the housing finance needs of the economically deprived sections.
He also told about the number of residential units (16 million) constructed by by HUDCo in these 47 years. The organization has benefited over 92 per cent of economically weaker sections and low income groups of the country.
Adding more he mentioned that the HUDCO has helped in the construction of approximate 67 lakh, viable less costly sanitation units.