The Comptroller and Auditor General of India’s report has flagged undue benefit to contractors, extra and wasteful expenditure besides loss to exchequer all together running into crores of rupees, in its audit on Tamil Nadu government undertakings tabled in the Assembly on Thursday.
These were related to electricity monolith Tamil Nadu Generation and Distribution Corporation (for year ended 31 March 2019), the liquor entity, Tamil Nadu State Marketing Corporation, a Bio Park, and a cement corporation (audit for these three entities are for year ended 31 March 2018).
In its report on TASMAC bars run by private parties, the CAG pointed to absence of suitable clause in agreement for an escalation of license fee in case of extension of license period beyond the agreed period.
