Infrastructure News

CAG, Infra News, ET Infra

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BENGALURU: Karnataka Rural Infrastructure Development Ltd (KRIDL) has completed just 28% of the 85,000 works assigned to it between 2016 and 2021 resulting in an accumulation of funds to the tune of Rs 17,320 crore. A CAG audit report on the performance of KRIDL, which was tabled in the assembly on Thursday, said the state-run entity has completed just 24,014 out of 84,574 works allotted to it between 2016-17 and 2020-21.

“The slow pace of work resulted in the agency sitting on Rs 17,320 crore unutilised funds. In some cases, the agency did not take up work even more than two years after funds were allocated,” CAG observed. The audit report also found that funds were released without generation of work orders, which is mandatory.

This was found in several instances between 2016-21, all adding up to Rs 303.8 crore. The report also highlighted how KRIDL misused the exemption clause of the Karnataka Transparency in Public Procurements Act by splitting works worth more than Rs 2 crore into small pieces, there – by avoiding the tender process.

It even used this exemption for ineligible works such as event management and procurement of UPS, among other such things. In another report on the Kalyana Karnataka Region Development Board, CAG pointed out that the board does not have any data of its own on backwardness indicators of the region. In the absence of this, the board has been unable to contribute to policy formulation for development of the region, it said.

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