ASSOCHAM has suggested the government and realty players to jointly undertake low cost housing projects in the rural areas where the shortage of houses is estimated more than 47.43 mn upto 2012.
According to ASSOCHAM report on Rural India, central government has spent Rs.189898.56 crore for constructing 171 lakh houses under the ''Indira Awaas Yojana"meaning that the cost per house comes as Rs.1,11,000.
However, the government could not achieve the desired results fully due to various problems like land availability, clearances by forest department, delay in release of funds and lack of basic amenities in the houses constructed.
Between FY2000-01 to FY2006-07, the government was able to achieve 99% of the physical target of construction of houses. However, the achievement rate fell to 51% in FY2007-08. Number of houses constructed in FY2007-08decreased to 10.9 lakh, from average 15 lakh in preceding three years.
ASSOCHAM President, Sajjan Jindal said in the report that there is a huge backlog of house requirement which needs to be fulfilled and suggested that the Indira Awaas Yojana Scheme under the umbrella of ''Bharta Nirman'' programme should be renovated for more effectiveness.
According to ASSOCHAM report on Rural India, central government has spent Rs.189898.56 crore for constructing 171 lakh houses under the ''Indira Awaas Yojana"meaning that the cost per house comes as Rs.1,11,000.
However, the government could not achieve the desired results fully due to various problems like land availability, clearances by forest department, delay in release of funds and lack of basic amenities in the houses constructed.
Between FY2000-01 to FY2006-07, the government was able to achieve 99% of the physical target of construction of houses. However, the achievement rate fell to 51% in FY2007-08. Number of houses constructed in FY2007-08decreased to 10.9 lakh, from average 15 lakh in preceding three years.
ASSOCHAM President, Sajjan Jindal said in the report that there is a huge backlog of house requirement which needs to be fulfilled and suggested that the Indira Awaas Yojana Scheme under the umbrella of ''Bharta Nirman'' programme should be renovated for more effectiveness.
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