Excess procurement of fans, mixies, grinders resulted in ₹124.43 crore loss: CAG
The Hindu
Surplus stocks were distributed to police, schools
The non-compliance to applicable codal provisions and deviations from financial propriety while implementing a scheme for the distribution of electric fans, mixies and grinders (FMGs) to women has resulted in a loss of ₹124.43 crore to the Tamil Nadu government [during the previous AIADMK regime], a report of the Comptroller and Auditor General (CAG) of India has stated. The CAG report on the general and social sector for the year ending March 2018 (Report no. 1 of 2020), tabled in the Assembly on Thursday, said excess procurement was to the tune of ₹102.45 crore. Besides, the loss due to storage in uninsured godowns was ₹13.64 crore, and there was avoidable expenditure on pre-delivery inspection, which stood at ₹8.34 crore. The government of Tamil Nadu (GoTN) introduced the scheme in June 2011, and it was to be implemented in five phases.More Related News