AIRLINK 195.75 Increased By ▲ 2.19 (1.13%)
BOP 10.07 Increased By ▲ 0.12 (1.21%)
CNERGY 7.85 Decreased By ▼ -0.08 (-1.01%)
FCCL 40.09 Decreased By ▼ -0.56 (-1.38%)
FFL 17.02 Increased By ▲ 0.16 (0.95%)
FLYNG 27.20 Decreased By ▼ -0.55 (-1.98%)
HUBC 133.59 Increased By ▲ 1.01 (0.76%)
HUMNL 14.15 Increased By ▲ 0.26 (1.87%)
KEL 4.66 Increased By ▲ 0.06 (1.3%)
KOSM 6.69 Increased By ▲ 0.07 (1.06%)
MLCF 47.15 Decreased By ▼ -0.45 (-0.95%)
OGDC 215.01 Increased By ▲ 1.10 (0.51%)
PACE 6.97 Increased By ▲ 0.04 (0.58%)
PAEL 41.81 Increased By ▲ 0.57 (1.38%)
PIAHCLA 17.20 Increased By ▲ 0.05 (0.29%)
PIBTL 8.53 Increased By ▲ 0.12 (1.43%)
POWER 9.67 Increased By ▲ 0.03 (0.31%)
PPL 184.50 Increased By ▲ 2.15 (1.18%)
PRL 42.90 Increased By ▲ 0.94 (2.24%)
PTC 25.15 Increased By ▲ 0.25 (1%)
SEARL 109.25 Increased By ▲ 2.41 (2.26%)
SILK 1.01 Increased By ▲ 0.02 (2.02%)
SSGC 44.11 Increased By ▲ 4.01 (10%)
SYM 17.80 Increased By ▲ 0.33 (1.89%)
TELE 8.99 Increased By ▲ 0.15 (1.7%)
TPLP 13.00 Increased By ▲ 0.25 (1.96%)
TRG 67.39 Increased By ▲ 0.44 (0.66%)
WAVESAPP 11.67 Increased By ▲ 0.34 (3%)
WTL 1.82 Increased By ▲ 0.03 (1.68%)
YOUW 3.99 Decreased By ▼ -0.08 (-1.97%)
BR100 12,223 Increased By 178.5 (1.48%)
BR30 36,950 Increased By 370.2 (1.01%)
KSE100 115,278 Increased By 1240.5 (1.09%)
KSE30 36,276 Increased By 481.4 (1.34%)

The Ministry of Housing and Works failed to construct a single low cost house for poor under Prime Minister's Low Cost Housing Scheme launched in 2013 annual budget. The sub-committee of Public Accounts Committee (PAC) was informed on Wednesday that Rs 3 billion announced in 2013 annual budget for construction of low houses remained unspent.
Convener of the committee Naveed Qamar questioned the performance of Ministry of Housing and Works and sought details of progress being made on construction of houses. Director General National Housing Authority said the Prime Minister's vision was on implementation stage. They directed provinces to acquire land for the project. The PC-1s were prepared and a summary was moved for further funds and launching of the housing project.
The committee also expressed dismay over poor performance of Ministry of Housing in provision of record to audit department and referred to PAC for taking appropriate action.
The audit report pointed out that according to 1998 census, total number of housing units throughout the country were 19.3 million out of which 67.7 percent were in rural areas and 32.3 percent in urban areas. Thus, there was a housing backlog of 4.3 million units. In this regard, annual additional requirement is estimated around 570,000 housing units whereas annual production has been estimated at 300,000 housing units resulting in a recurring shortfall of 270,000 units per annum. Keeping all the above facts in view the Ministry of Housing and Works announced a national housing policy 2001. So far only 22,000 houses have been constructed under the policy.

Copyright Business Recorder, 2015

Comments

Comments are closed.