03-19-2011, 12:39 AM
"As on March 31, 2010, unutilised committed external assistance was of the order of Rs 1,05,339 crore," the Comptroller and Auditor (CAG) said in its report tabled in Parliament today.
The government has paid commitment charges of Rs 86.11 crore during 2009-10 in the form of penalty for not timely utilising the aid approved by multilateral and bilateral lending agencies.
"Inadequate planning resulted in avoidable expenditure in the form of commitment changes amounting to over Rs 86 crore," said the CAG report. http://economictimes.indiatimes.com/news...736467.cms
The report has outlined 16 sectors which sit on unutilised external assistance to the tune of Rs 1.05 lakh crore
The government has paid commitment charges of Rs 86.11 crore during 2009-10 in the form of penalty for not timely utilising the aid approved by multilateral and bilateral lending agencies.
"Inadequate planning resulted in avoidable expenditure in the form of commitment changes amounting to over Rs 86 crore," said the CAG report. http://economictimes.indiatimes.com/news...736467.cms
The report has outlined 16 sectors which sit on unutilised external assistance to the tune of Rs 1.05 lakh crore