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Friday, 18 August 2017

Rent To Own' scheme for government employees

So far, government employees are living in the government flat or quarter during their jobs, but after retirement, they have to evacuate the government residences, but now they will not be such. The Modi government is launching a plan under which government employees will be able to stay in government quarters by paying fixed fares for a specified period and then the quarter will be their own.

Urban Development Ministry and HUDACO have prepared 'Rent To Own' scheme for government employees. Housing and Urban Development Corporation Limited (HUDCO) has been entrusted with the responsibility of implementing the scheme.

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