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'.
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