The Uttarakhand state government has rolled out financial assistance to help low-income construction workers build or buy homes. Managed by the Labour Department, the scheme operates through the Uttarakhand Building and Other Construction Workers Welfare Board (UKBOCWWB). Eligible workers can access an advance home loan of up to INR 50,000 at a low interest rate of 5% per annum. This welfare initiative reduces the heavy borrowing costs associated with private lenders and commercial banks. The sa...
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