Tuesday, 5 July 2011

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Agreement to provide Rs 1,500m for Jana Sevana programme

An agreement for providing funds to the tune of Rs 1,500 million for the Jana Sevana Upahara housing loan programme of the NHDA was signed before President Mahinda Rajapaksa at Temple Trees yesterday morning.


Financial assistance for Jana Sevana project
In accordance with the Mahinda Chinthanaya programme of providing a house to each family, a discussion on financial assistance of Rs 1,500 million to the Jana Sevana housing loan project was held at Temple Trees yesterday under the patronage of President Mahinda Rajapaksa. Minister Wimal Weerawansa, Deputy Minister Lasantha Alagiyawanna, Secretary to the President Lalith Weeratunga and several officials were present on the occasion. Picture by Chandana Perera

According to the agreement the NHDA will receive Rs 300 million each from the People’s Bank, Bank of Ceylon, National Savings Bank, Rs. 250 million each from the State Mortgage and Investment Bank and the Housing Development Finance Corporation and Rs 100 million from the Regional Development Bank towards this loan programme.

President Mahinda Rajapaksa speaking on the occasion said that special emphasis should be laid on low income groups and private sector employees in granting loans under this programme. He also directed officials of state banks to ensure that the loans are granted expeditiously with the least amount of documentation.

He said maximum results could be obtained by implementing the housing construction programme according to the needs with the participation of the political leadership in the respective areas.

Construction, Engineering Services, Housing and Common Amenities Minister Wimal Weerawansa said 11,000 houses have been built under the Jana Sevana Programme during the last few months. Another 25,293 houses are due to be completed this year.

Deputy Minister Lasantha Alagiyawanna and Secretary to the President Lalith Weeratunga were also present on the occasion.


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