M Nagaraj appointed as Chairman and MD of Hudco

M Nagaraj has been appointed the company’s Chairman and Managing Director of State-owned Housing and Urban Development Corporation (Hudco). The Ministry of Housing and Urban Affairs has approved his appointment. He has experience in a multitude of sectors such as housing, infrastructure finance, skill development and microfinance in the social sector, and international trading. Hudco provides loans for housing and urban infrastructure projects.

Important takeaways for all competitive exams:

• Minister of State (Independent Charge) of the Ministry of Housing and Urban Affairs:  Hardeep Singh Puri.
• Headquarters of Hudco: New Delhi.
• Founded of Hudco: 25 April 1970.

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