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Andhra Pradesh govt to borrow Rs 5,000cr from HUDCO to buy land for poor

Andhra Pradesh govt to borrow Rs 5,000cr from HUDCO to buy land for poor

Tuesday, February 4, 2020, 4:09 PM

Cash-starved Andhra Pradesh government will borrow Rs 5,000 crore from public sector HUDCO to purchase over 12,000 acres of land, to be distributed to the landless poor across the state. The state government has announced it will distribute house sites and housing units to over 25 lakh beneficiaries on Telugu New Year's Day Ugadi on March 25.
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