Question : HUDCO

(a) whether the Government has chalked out any plan to augment the resource base of Housing and Urban Development Corporation (HUDCO) and expand its business during the current fiscal;

(b) if so, the details thereof and the action taken in this regard;

(c) the details of the financial performance of HUDCO during the last three years; and

(d) the achievement made by HUDCO in its social housing operations in rural areas?

THE MINISTER OF HOUSING & URBAN POVERTY ALLEVIATION (DR. (MS) GIRIJA VYAS)

(a): Yes Madam, with the support of Ministry of Housing & Urban Poverty alleviation, as a part of budget announcement, HUDCO had been allocated Tax-free Bonds to the tune of Rs. 5000 crores, each during three consecutive year i.e. 2011-12, 2012-13 and 2013-14.

(b): Pursuant to allocation of Tax – free Bonds, HUDCO mobilized an amount of Rs. 5000 crore and Rs. 2401.35 crore during Financial Year 2011-12 and 2012-13, respectively, by issue of Tax Free Bonds. Further, against allocation of Rs. 5000 crore for the current year, HUDCO has till date mobilized an amount of Rs. 4714.19 crores during Financial Year 2013-14.

(c): The details of the financial performance of HUDCO during the last three years is as follows:

Rs. in crores
Year	Profit before Tax (PBT)	Profit After Tax (PAT)
2012-13	1061.70	700.56
2011-12	939.97	630.33
2010-11	821.11	550.03