Evaluation of DFID India's Returnable Capital Intervention in Private Sector Affordable Housing
Awarded 31 Mar 2015
About
The Department for International Development awarded a contract to KPMG Advisory Services Private Limited for an independent evaluation of DFID India's Private Sector Returnable Capital Intervention.
The evaluation aimed to rigorously assess the socio-economic impacts attributable to the programme and the effectiveness and sustainability of using a mix of debt and technical assistance.
Objectives included estimating the direct and indirect effects of the affordable housing programme on households with monthly incomes between Rs.
8,000 and Rs.
20,000, building evidence on making returnable capital instruments effective in emerging economies, and understanding necessary policy, regulatory, and institutional measures for socio-economic development in low-income states.
The scope covered a baseline evaluation, a mid-term evaluation in year 3, and a final evaluation in year 7 or 9, depending on the fund's life.
A primary survey was commissioned in Rajasthan to establish a baseline for select projects, with results to be shared with the evaluation team.
The contract value was AUD 745,149.
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