https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

MP: HUDCO Partners with MPUDCL to Boost Urban Infrastructure with Rs 1 Lakh Crore Funding

HUDCO has committed Rs 1 lakh crore to Madhya Pradesh for housing and infrastructure projects, partnering to improve urban living standards with financial and technical support.
Indian Masterminds Stories

New Delhi: In a landmark initiative to enhance urban infrastructure in Madhya Pradesh, Housing and Urban Development Corporation Limited (HUDCO) has signed a significant memorandum of understanding (MoU) with Madhya Pradesh Urban Development Company Limited (MPUDCL). The partnership pledges financial and technical support worth Rs 1,00,000 crore over the next five years for diverse housing and infrastructure projects across the state.

MoU Signed in Presence of Top State and HUDCO Officials

The MoU was formalized in Indore on Friday, with the presence of Chief Minister Dr. Mohan Yadav and Urban Development and Housing Minister Kailash Vijayvargiya, alongside Sanjay Kulshrestha, Chairman & Managing Director of HUDCO. This collaboration marks a strategic alignment between central and state agencies aimed at elevating urban living standards in Madhya Pradesh.

Massive Financial Assistance for Urban Growth

As per the agreement, HUDCO will extend Rs 1 lakh crore in financial assistance to fund projects focused on affordable housing, water supply, sanitation, solid waste management, and smart urban mobility. These funds will be disbursed over five years, ensuring sustained development across multiple urban sectors.

Also Read: Indian Oil Officers’ Association & Trade Unions Raise Concerns Over IOCL Pipeline Restructuring & PNGRB’s Common Carrier Policy

Beyond Funding: Consultancy and Capacity Building Support

Apart from monetary aid, HUDCO commits to providing consultancy services and capacity-building assistance to MPUDCL. This holistic approach is intended to ensure effective planning, execution, and management of urban development initiatives, reinforcing the state’s commitment to sustainable and inclusive urbanization.

Driving Sustainable and Inclusive Urban Development
The joint efforts of HUDCO and MPUDCL are expected to transform the urban landscape of Madhya Pradesh by addressing critical infrastructure gaps and promoting smart, sustainable growth. This partnership reflects a broader vision of fostering affordable and accessible urban living for all residents.

About HUDCO

Housing and Urban Development Corporation Ltd. (HUDCO) is a Government of India-owned public sector enterprise under the Ministry of Housing and Urban Affairs (MoHUA). Established in 1970, HUDCO primarily focuses on financing housing and urban infrastructure development projects across India.

Also Read: “One Earth, One Health”: HUDCO Observes 11th International Yoga Day 2025 with Pan-India Sessions


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
India Russia R-37M missile talks
India Russia R-37M Missile Talks Advances to Arm Su-30MKI fighters
IAF MRFA project
114 Fighters, One Mission — MoD Pushes for 100% Indian Involvement in IAF MRFA Project
Ias sam rizvi
Hyderabad: Principal Secretary IAS SAM Rizvi Opts for Voluntary Retirement Amid Dispute with Telangana Excise Minister Jupally Krishna Rao
MP-Police-
Madhya Pradesh IPS Transfers: 7 Senior Officers Shifted in Midnight Reshuffle; Rajababu Singh, Irshad Wali Among Key Names
Powergrid
POWERGRID Strengthens National Grid Connectivity with Acquisition of 2 Key TBCB Projects Worth ₹3,375 Crore
CM Nitish Kumar
Bihar’s Bold Leap: CM Nitish Kumar Pledges 1 Crore Jobs and Women’s Empowerment Boost
8th pay commission
Big Breaking! 8th Pay Commission May Merge DA With Basic Pay: A Historic Salary Reform Set to Reshape Government Pay Structure
ONGC_resized
ONGC Launches 2025 Apprenticeship Program with 2,623 Vacancies — Empowering India’s Youth for Energy Sector Careers
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-10-19 at 12.23
UPSC Journey Should Be Enjoyable, Not Cumbersome
WhatsApp Image 2025-10-16 at 15.16
The Many Facets of Former IRS Officer and Author, Giselle Mehta | Video Interview
IDES Saquib Alam
Beyond IAS and IPS: The Inspiring Work of an IDES officer | Video Interview 
ADVERTISEMENT
UPSC Stories
IAS Rupal Rana UPSC
How Rupal Rana Cracked UPSC CSE 2023 with AIR 26 After Four Attempts
UPSC Topper Rupal Rana secured AIR 26 in 2023 after four attempts. Learn her preparation strategy, booklist,...
Ankita Parashar RAS 2023
4 Attempts, 1 Dream, 0 Excuses: Meet RAS Topper Ankita Parashar, Who Fulfilled a Daughter’s Promise & Secured Rank 2 | Exclusive Interview
Ankita Parashar, a teacher-turned-officer from Pushkar, fulfilled her late father’s dream by securing...
Kushal Chaudhary RAS
From Lab Assistant’s Grit to Rajasthan Topper: How Kushal Chaudhary Topped RAS 2023 with Self-Study | Preparation, Strategy & Interview
Kushal Chaudhary, a farmer’s son and lab assistant from Ajmer, topped RAS 2023 through self-study, overcoming...
Social Media
IFS Parveen Kaswan
Heartbreak by the River: 15-Day-Old Elephant Calf Rejected by Mother, Rescued by IFS Parveen Kaswan and His Team
Jaldapra, West Bengal: In a moving incident that tugs at the heart, a 15-day-old elephant calf was rescued...
Ashwini Bhide IAS and Anand Mahindra
Who Is IAS Ashwini Bhide, Hailed as a Role Model for Mumbai Metro Transformation by Anand Mahindra?
From heritage to high-tech: Bhide’s leadership in Metro Line 3 earns public praise and admiration
World Rhino Day India
On World Rhino Day, IFS Officer Parveen Kaswan Shares Rare Insights - India Now Hosts 80% of the World’s One-Horned Rhinos
September 22 Marks Global Call for Rhino Conservation; India Holds 80% of World’s Greater One-Horned...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
India Russia R-37M missile talks
India Russia R-37M Missile Talks Advances to Arm Su-30MKI fighters
IAF MRFA project
114 Fighters, One Mission — MoD Pushes for 100% Indian Involvement in IAF MRFA Project
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-10-19 at 12.23
WhatsApp Image 2025-10-16 at 15.16
IDES Saquib Alam
ADVERTISEMENT
ADVERTISEMENT