Hudco celebrates its 45th Foundation Day in style

The Minister of Urban Development, Housing & Urban Poverty Alleviation & Parliamentary Affairs, M Venkaiah Naidu inaugurated the function and addressed the august gathering to commemorate HUDCO’s 45th Foundation Day. 

M Venkaiah Naidu emphasized on three basic mantra’s of the Prime Minister of India that of ‘skill, scale and speed’. The Minister, said, that the Centre and States have to effectively engage the private sector to achieve the mission of affordable housing for all by 2022.  The Minister complimented HUDCO in its endeavor to provide affordable housing to the unreached by financing 92% of its housing schemes to the Economically Weaker Section (EWS) and Low Income Groups (LIGs).  The Minister said that agriculture alone cannot sustain people, and therefore, focus has to be aimed towards sustainable urbanisation for optimum use of space for housing and providing infrastructure facilities such as metros, airports, BRTs to the people.  

The main agenda of the Government of India, he said, is ‘growth, development and governance’. The Minister impressed that the focus of urbanisation should be to create innovative ideas through proper planning and disaster management preparedness by adapting and adopting best practices from all over the world. On the occasion, the Minister released three HUDCO publications namely, HUDCO Darpan, Shelter and HUDCO Design Awards - 2014. Babul Supriyo, Minister of State for Urban Development and Housing & Urban Poverty Alleviation graced the occasion and congratulated HUDCO for its 45 years of existence  in providing  housing  and basic  infrastructure  across the country.   

He  said  that HUDCO, since its establishment, has been a vital cog in the scheme of things of the Government of India in its various efforts in the provision of social housing and basic urban amenities in the country. He further added that, HUDCO’s Mission Statement –“to promote sustainable habitat development to enhance quality of life”.