Tuesday, June 28, 2016

CAG raps J&K power dept for pending arrears worth Rs 2,000 cr

SRINAGAR: Jammu and Kashmir Power Development Department has come in for sharp criticism from the Comptroller and Auditor General for allegedly allowing the arrears on electricity charges to accumulate to whopping Rs 2,000 crore during the last four years.

“Lack of any serious measure for recovery of arrears can be gauged from the fact that the arrears of electricity charges (EC), including electricity duty (ED), accumulated from Rs 1,220.18 crore in April 2011 to Rs 2,092.41 crore at the end of March 2015,” the CAG said in its report which was tabled in the State Assembly here.

Of these arrears, it said Rs 1,015 crore pertaining to State Government departments (other than corporations and bodies) had been waived by the Government pursuant to a cabinet decision (March 2013), thereby leaving Rs 1076.78 crore recoverable as of March 2015.

The report said the actual realisation of revenue was still significantly less than the budget estimates.

“During the period 2010-11 to 2014-15, the shortfall ranged between 19 per cent and 34 per cent,” it said.

The report criticised the State Power Development Department (PDD) for its failure to implement the four recommendations contained in the report in 2010 and focused on improving internal controls, demonstrating efficient enforcement for proper realisation of energy charges and electricity duty. (AGENCIES)

The post CAG raps J&K power dept for pending arrears worth Rs 2,000 cr appeared first on Jammu Kashmir Latest News | Tourism | Breaking News J&K.



from Daily Excelsior http://ift.tt/2914Rvz

No comments:

Post a Comment