5th August, 2003
Ministry of Urban Development & Poverty Alleviation  


HUDCO SANCTIONS RS. 5311 CRORE HOUSING LOAN TO STATES


LOK SABHA

Housing and Urban Development Corporation Ltd. (HUDCO) has sanctioned an amount of Rs. 5311.15 crore as housing loan to States during the last two years. Out of this, Rs. 2111.06 crore were sanctioned during the year 2001-2002 and Rs. 3200.09 crore during 2002-2003. In the current year, till 30.6.2003, HUDCO has sanctioned Rs. 27.21 crore as housing loan.

In the year 2001-2002, HUDCO provided Rs. 1061.77 crore as housing loan for Economically Weaker Sections (EWS), Rs. 79.46 crore for LIG, Rs. 149.03 crore for MIG and Rs. 346.22 crore for HIG category housing. During the year 2002-2003, financial assistance worth Rs. 777.07 crore was provided for EWS, Rs. 183.33 crore for LIG, Rs. 179.74 crore for MIG and Rs. 1416.65 crore for HIG category.

This information was given by the Minister of State for Urban Development & Poverty Alleviation, Shri Pon. Radhakrishnan in a written reply to the question of Shri J.S. Brar and two other members in Lok Sabha today.