HUDCO aims to promote sustainable habitat development

Housing and Urban Development Corporation (HUDCO) 

Head of the organization - Shiv Das Meena, IAS (CMD)   

Website - www.hudco.org

HUDCO, a premier techno-financing public sector enterprise in the field of housing and infrastructure development in our country. It is wholly owned by the Union Government.It functions under the administrative control of the Ministry of Housing and Urban Poverty Alleviation. It aims to promote sustainable habitat development to enhance the quality of life. HUDCO started financing for development of infrastructures in 1989. The priority was to provide for infrastructure facilities, including projects in the sectors of drainage, electricity, water supply, sewerage, solid waste management and roads in the urban areas.

HUDCO has joined hands with Intellect Design Arena to undergo a digital transformation with integrated lending and ERP solutions.The partnership will include provision of digital lending, treasury, general ledger and integrated accounting, procurement management among others.