Friday, Oct 31, 2014

UPA failed to meet IAY target for 3 years

Written by Ruhi Tewari | New Delhi | Posted: July 18, 2014 5:03 am

In an indication of the poor performance of one of its key flagship schemes, the Congress-led UPA government did not meet the targets under its rural housing scheme for three consecutive years since 2011-12, with the percentage of achieved targets falling each year.

According to data made available by the Rural Development Ministry as answer to a parliamentary question, only 64 per cent of the total Indira Awas Yojana (IAY) targets were met in 2013-14. Of the over 24 lakh target allocated to the scheme, around 16 lakh houses were actually constructed. This figure was lower than that in 2012-13, during which 72 per cent of the targets were met. In 2011-12, however, the figure was more respectable at 90 per cent.

IAY provides financial assistance to rural BPL households for construction of houses. The funding is shared between the Centre and state in a 75:25 ratio, except in certain circumstances. Under the scheme, a unit assistance of Rs 70,000 is provided for construction of new houses in plains and Rs 75,000 in hilly/difficult areas.

In the current financial year, a target of 25 lakh houses has been set of which 25,000 houses have been constructed in first four months. However, as many as 11 states are yet to open their account with no houses having been constructed so far this year.

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