India: Housing for poor in Mumbai leaves the contractors rich

March 4, 2013
Ankur Sohanpal

Less than 50 per cent of the revised number of dwelling units to be created – some 5443, have been constructed, even as six years since the start of the JNNURM (Jawaharlal Nehru Urban Renewal Mission) funded BSUP (Basic Services for the Poor) have gone by. Contractors commissioned for this project have received full payment from banks, reaping ‘windfall profits’, for incomplete and shoddily constructed houses. Read more here.



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