HUDCO signs MoU for ₹1 lakh crore urban projects
after close1 source ↓written by the desknot a recommendation
State-owned Housing and Urban Development Corporation Ltd (HUDCO) signed a memorandum of understanding with the Odisha government to provide term loans of ₹1 lakh crore over five years for urban infrastructure projects. This financing will support various initiatives, including the Urban Challenge Fund and the Mukhyamantri Sahari Vikas Yojana.
This significant funding commitment may enhance urban development in Odisha and stimulate related sectors, potentially impacting market sentiment positively.
Not investment advice. For informational purposes only.