Dr Kanth inaugurates HUDCO Bhawan at Rail Head Source: http://www.dailyexcelsior.com JAMMU, Dec 18 Dr M Ravi Kanth inaugurates HUDCO Bhawan at Rail Head Dr. M. Ravi Kanth, Chairman & Managing Director, HUDCO inaugurated the HUDCO Bhawan at Rail Head Complex, here, today. The other local dignitaries including Rajesh Kumar Shavan, , Vice-Chairman, JDA, Dr. Manmohan Singh, Managing Director, J&K Housing Board, officers of SBI, Amanullah Tak, Jt. Controller Communication Accounts, DoT and general public across all sections of society were also present on this occasion. CMD HUDCO in his address assured full participation of HUDCO in various development activities of the State. HUDCO, being one of the Central Nodal Agencies, for Pradhan Mantri Awas Yojna (PMAY), Credit Linked Subsidy Scheme (CLSS) has entered MoU with 69 banks in all over the country, including four banks of J&K State and so far released an amount of Rs.115.00 lakh of subsidy for CLSS. CMD stressed the need for clearing the long pending default of J&K Co-operative Housing Corporation for further lending to the State of Jammu & Kashmir and he sought the co-operation of all the concerned in this regard. Dr Kanth said that Jammu HUDCO office is one of the most beautiful offices and appreciated the efforts of all the employees of Regional Office. Jammu Development Authority (JDA) has sought the financial assistance of HUDCO for its upcoming beautification of Tawi River Front on the lines of Sabarmati River Front Project in Ahmedabad, wherein HUDCO funded the