NEWS

Sunday, 23 July 2017

What Drives CAG To Assam Fund Release Inquiry?



The reason is simply due to picture clear of Assam’s ‘Devastating Toll of Natural Calamities’ as CAG (Comptroller and Auditor General) has analyzed 84 per cent fund is yet not implemented which has taken a hold on to 60% fund release from centre as ministry without prior confirmation of usages cannot release further fund.


Assam is yet to execute full-fledged ‘flood management programme’ to pop in 60 per cent fund that is put on to a hang by the Centre due to state government’s inability to produce the receipts and certificates on released fund’s usage.


CAG notifies that out of proposed Rs 2043.19 crore fund sanction to Assam for the set up of 141 projects  between 2007-08 and 2015-16 only Rs 812.22 crore has been released where rest 60% that is Rs 1230.97 crore is on a hold by the Centre.


Union Water Resources Ministry can release further funds in timely order as per to FMP (flood management programme) directions where state governments’ support in providing valid track record on expenditure on executing agencies with receipts is crucial.


Activities like parking and diversion of funds if detected by the ministry’s vigilantes on the counterpart of the state government then further release could be put to a halt as per to CAG report.



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