Telangana Gets Rs126.7B HUDCO Loans

27 Jan 2025 CW Team

Since December 2023, when the Congress government assumed office, the state has secured loans worth Rs 126.7 billion from the Housing and Urban Development Corporation (HUDCO) to fund 12 critical infrastructure and housing projects.

Major Allocations:

Rs 30 billion for the Indiramma Housing Scheme to construct affordable housing. Rs 27 billion for acquiring land for the northern stretch of the Regional Ring Road (RRR) in Hyderabad. Rs 22.24 billion for Phase 2 of the Godavari water supply project and rejuvenation of Osmansagar and Himayatsagar reservoirs.

Focus on Low-Interest Loans: The state’s preference for HUDCO and other government-backed agencies stems from competitive interest rates ranging from 9.2% to 10.5% annually, coupled with Telangana's strong repayment track record.

Pending Disbursements: While loans for nine out of the 12 projects are still under documentation, the state expects a smooth release backed by guarantees.

HUDCO's Role: As a public sector entity under the Ministry of Housing and Urban Development, HUDCO finances housing and infrastructure initiatives, including roads, water supply, drainage, and metro systems, supporting states to overcome fiscal challenges.

This reliance on HUDCO loans reflects Telangana's approach to balancing fiscal constraints while advancing development initiatives.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..