Post on 14-Mar-2018
Dr Kanth inaugurates HUDCO Bhawan at Rail Head
Source: http://www.dailyexcelsior.com JAMMU, Dec 18
Dr M Ravi Kanth inaugurates HUDCO Bhawan at Rail Head
Dr. M. Ravi Kanth, Chairman & Managing Director, HUDCO inaugurated the HUDCO Bhawan
at Rail Head Complex, here, today. The other local dignitaries including Rajesh Kumar
Shavan, , Vice-Chairman, JDA, Dr. Manmohan Singh, Managing Director, J&K Housing Board,
officers of SBI, Amanullah Tak, Jt. Controller Communication Accounts, DoT and general
public across all sections of society were also present on this occasion.
CMD HUDCO in his address assured full participation of HUDCO in various development
activities of the State. HUDCO, being one of the Central Nodal Agencies, for Pradhan Mantri
Awas Yojna (PMAY), Credit Linked Subsidy Scheme (CLSS) has entered MoU with 69 banks in
all over the country, including four banks of J&K State and so far released an amount of
Rs.115.00 lakh of subsidy for CLSS. CMD stressed the need for clearing the long pending
default of J&K Co-operative Housing Corporation for further lending to the State of Jammu
& Kashmir and he sought the co-operation of all the concerned in this regard.
Dr Kanth said that Jammu HUDCO office is one of the most beautiful offices and appreciated
the efforts of all the employees of Regional Office. Jammu Development Authority (JDA) has
sought the financial assistance of HUDCO for its upcoming beautification of Tawi River Front
on the lines of Sabarmati River Front Project in Ahmedabad, wherein HUDCO funded the
project for Gujarat Government and CMD of HUDCO inspected the location for Tawi River
Project along with JDA officials. Song & Drama Division of Jammu Kendra presented cultural
programme highlighting patriotic songs on the occasion, which was appreciated by one & all
present.
HUDCO, a Government of India Enterprise under the Ministry of Housing & Urban Affairs, is
a premier techno-financing institution in the field of Housing and Urban Development in
India. Since its inception in 1970, HUDCO continues its mission of improving access to
housing for all and providing sustainable infrastructure in human settlements, to improve
the living conditions of people at large. HUDCO has so far assisted 117 projects in Jammu &
Kashmir with loan assistance of Rs.547.00 crore.
To give more momentum to the developmental activities in the State, HUDCO has opened
one of its Regional Office at HUDCO Bhawan, Rail Head Complex, Jammu (J&K) in 2000.
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