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July 31st, 2009, 01:19 AM
#1
Inactive Member
Housing finance
The housing finance system set up under the Action Plan would not only ensure increased flow of housing loans from the banking sector and cooperatives but would also encourage rural households to augment their savings for housing. Implementation of the aforesaid proposal of the Ministry of Urban Development through the state governments would go a long way towards mitigating the hardships faced by rural population to mobilize adequate resources for their housing requirements.
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