Only 22 of the 1,517 housing projects approved under Jawaharlal Nehru National Urban Renewal Mission were completed by the due date of March 2011, the Comptroller and Auditor General has stated, while noting that the ministries of central government were “not equipped” to monitor a project of this magnitude.

The report said that against an allocation of Rs 66,084.66 crore by the Planning Commission, the Government of India had only made an allocation of Rs 37,070.15 crore of which only Rs 32,934.59 crore had been released by March 31, 2011.....Read More