Quotes with Resistance & Support
Market Information

Now, CAG unearths pulses scam

This article was posted on Dec 28, 2011 and is filed under Press Releases

Flays department of consumer affairs and public distribution for the losses between 2006 and 2011.

A Comptroller and Auditor General (CAG) report has nailed the department of consumer affairs and public distribution for causing losses of Rs 1,201 crore to state-owned agencies MMTC, STC, NAFED and PEC on import and sale of pulses between 2006 and 2011.The period in question was the time when Agriculture Minister Sharad Pawar also held the charge of food, consumer affairs and public distribution.

The report was tabled in Parliament today. It said the audit of two schemes to distribute cheap pulses was launched in 2006, and in 2008 showed that both schemes could not achieve their objectives of increasing pulses availability in the market and stabilising prices because of serious deficiencies in their design, implementation and monitoring, continue reading

Source: Business-Standard

Tags: , , ,

Similar Posts:

Breakouts

+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

Latest Query

Samrudhiglobal.com wishing you and your friends and family Advance xmas and Happy New year...view more »
- by Sam
Status: Awaiting reply

Market Stats

Search Our Archives

Latest Investment Idea

Recent Comments