EPFO, HUDCO sign MoU for facilitating ‘Housing for All by 2022’ scheme
DSIJ Intelligence / 23 Jun 2017
EPFO has amended EPF Scheme 1952, in a bid to achieve the government’s vision of housing for all by 2022, to provide assistance in acquiring affordable houses to the EPF members by allowing withdrawal from the provident fund to the extent of 90% of the total PF accumulation and also facilitating payment of instalment of housing loan.
Central Provident Fund Commissioner, V.P. Joy and M. Ravi Kanth, CMD HUDCO signed a Memorandum of Understanding (MoU) in the presence of Union Minister of Urban Development, Housing & Urban Poverty Alleviation, M. Venkaiah Naidu and the Minister of State (Independent Charge), Labour & Employment, Bandaru Dattatreya for facilitating “Housing for All by 2022” on Thursday, said an official release by the GoI.
EPFO has amended EPF Scheme 1952, in a bid to achieve the government’s vision of housing for all by 2022, to provide assistance in acquiring affordable houses to the EPF members by allowing withdrawal from the provident fund to the extent of 90% of the total PF accumulation and also facilitating payment of instalment of housing loan.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.