CAG report: Building Amaravati immense financial burden on state’s exchequer
The report revealed that taking up such a humongous project would drain not only the coffers of the present Governments but would prove detrimental for the finances of the State in the future
AMARAVATI: The performance and audit report of the Comptroller and Auditor General of India on the efficacy of implementation of the 74th Constitutional Amendment Act, has said that the grandiose plan to construct a greenfield capital Amaravati will cause an immense financial burden on the newborn State.
The report which was released during the Assembly session on Monday, revealed that taking up such a humongous project would drain not only the coffers of the present Governments but would prove detrimental for the finances of the State in the future. The CAG report opined that the then Government handed over the contract for drafting a master plan in nomination mode. It also found fault with the way the Government released Rs 28 crore for adviser firms on a nomination basis.
The report also pointed out that the construction of ‘Praja Vedika’ by the then TDP Government was a sheer waste of public money.