IAS officer Baldeo Purushartha has joined the board of HUDCO, bringing with him extensive expertise in infrastructure policy and planning to accelerate housing and urban development initiatives.
In a strategic decision aimed at strengthening governance and policy oversight, the Housing and Urban Development Corporation Ltd. (HUDCO) has appointed Baldeo Purushartha, a 2002-batch IAS officer from the Punjab cadre, as Government Nominee Director on its board. The appointment, effective immediately, was confirmed through a regulatory filing on Monday.
Extensive Administrative Expertise
Currently serving as Joint Secretary in the Infrastructure Policy and Planning Division of the Department of Economic Affairs, Ministry of Finance, Government of India, Purushartha brings a distinguished track record in public administration and infrastructure management. Over his career, he has held several pivotal roles at both the state and central levels, including Divisional Commissioner of Jalandhar and Secretary to the Lokpal in Punjab.
His professional repertoire encompasses infrastructure planning, policy formulation, and governance—expertise that positions him to make a significant contribution to HUDCO’s mandate of financing housing and urban development projects nationwide.
HUDCO’s Critical Role in Urban Development
HUDCO, established as a premier techno-financial public sector enterprise, has long been central to India’s housing and urban infrastructure landscape. It extends both financial and technical support to state governments, urban local bodies, and private sector stakeholders for housing and infrastructure projects. Its operations are aligned with the government’s vision of ‘Housing for All’ and sustainable urban growth.
With Purushartha’s induction, HUDCO is expected to gain renewed strength in strategic direction, governance, and operational efficiency, particularly in the execution of large-scale housing and urban development programs across the country.
About HUDCO
Founded in 1970, the Housing and Urban Development Corporation Ltd. (HUDCO) is a leading public sector institution dedicated to housing finance and urban infrastructure development. Headquartered in New Delhi, HUDCO has consistently supported housing and infrastructure projects throughout India, with a strong focus on addressing the needs of economically weaker sections. By financing inclusive housing and sustainable urban infrastructure, HUDCO remains a cornerstone of the government’s mission of ‘Housing for All.’
