CAG: Auditor finds no record of the beneficiaries of Rs 26,000 cr grants

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This raises two concerns. Are funds being diverted for purposes other than intended? If so, what would be the magnitude of this irregularity if the CAG reviewed the other ministries?

Grants-in-aid are payments made by the government to government, bodies, institutions or individuals for operating expenses, capital asset creation, and delivery of services. As per the General Financial Rules, 2005, for grants of above Rs 5 crore per annum, MoUs should be signed indicating output targets, programme details, and commensurate input requirements. However, the Ministry of Health blatantly violated this norm, while the Ministry of Power provided no centralised records for verification.

(Sourced from agencies, feature image courtesy:uniindia.com)

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