Delay in irrigation projects costs Telangana exchequer Rs 1 trn more: CAG ...Middle East

Business Standard - Economy
Delay in irrigation projects costs Telangana exchequer Rs 1 trn more: CAG
source : Business Standard ( Middle East ) () 61
The cost of 20 irrigation projects commenced between 1983 and 2018 in Telangana doubled from over Rs 1 lakh crore to Rs 2 lakh crore as on March 2023, due to non-completion, the CAG report has said. According to the report (for 2022-23) by the Comptroller and Auditor General (CAG) which was placed in the state legislature on Friday, non-completion of projects deprives the state of the intended benefits of economic growth and there was no assurance on returns from the investments in irrigation and flood control as the state government did not disclose financial results of any of the irrigation projects. "There were 20 incomplete irrigation projects (commenced between 1983 and 2018) to be comp

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