Ummid Assistant

Applications open for Manmohan scholarship at Cambridge

Opportunities for Indian students in US

Welcome Guest! You are here: Home » National

Serious lapses in farm loan waiver scheme: CAG

Tuesday March 05, 2013 03:08:32 PM, IANS

New Delhi: The Comptroller and Auditor General (CAG) has said there were serious lapses and malpractices in implementing the government's Rs.52,000 crore ($9.5 billion) farm loan waiver scheme in 2008.

In a report tabled in parliament Tuesday on the "Implementation of Agricultural Debt Waiver and Debt Relief Scheme, 2008" CAG said there were irregularities in at least one in five cases.

"Overall, the performance audit revealed that in 20,216 or 22.32 percent of the 90,576 cases test checked in audit, there were lapses/errors which raised serious concerns about the implementation of the scheme," the CAG said.

Prime Minister Manmohan Singh's government had announced a debt waiver for farmers across the country in 2008, a move that analysts say helped the government win the 2009 general election.

The scheme was originally estimated to benefit 3.69 crore marginal and small farmers and 60 lakh other farmers.

Over the last four financial years the government has waived more than Rs.52,000 crore related to approximately 3.45 crore small, marginal and other farmers.

"It was found that out of the 9,334 accounts test checked in audit across nine states, 1,257 accounts, or 13.46 percent were such who were found to be eligible for benefit of Rs.3.58 crore under the scheme, but were not considered by the lending institutions while preparing the list of eligible beneficiaries," the government's official auditor said.


 




 





 

Home | Top of the Page

Comments

Note: By posting your comments here you agree to the terms and conditions of www.ummid.com

Comments powered by DISQUS

i

More Headlines

US to honour Indian rape victim as woman of courage

Haryana to get medical college for women

36 killed in Congo plane crash

Judge falls asleep during trial, court annuls verdict

Islamic school teacher shot dead in Russia

HIV cured in baby for the first time, scientists claim

Curfew in UP's Tanda after violence

Punjab cops thrash woman, two suspended

Desecration of Qur’an in Al-Aqsa courtyard slammed

Spurt in rights violation pleas against army in northeast

Andhra withdraws remission of terror suspect's life sentence

 

Top Stories

Crude bomb explosion outside Pranab's Dhaka hotel

While police have denied any reports of a bomb explosion, officials said a small cocktail bomb was flung by two motorcycle borne men outside the Hotel Pan Pacific Sonargaon.  »

Indian president in Dhaka amid more deaths

Khaleda Zia calls off meeting with Mukherjee

Kolkata Muslims seek fair trial of Bangladesh 'war criminals'

 

  Most Read

Parliament disrupted over petrol price hike

The Rajya Sabha and the Lok Sabha were first adjourned till noon and then till 2 p.m. as opposition parties shouted slogans, slamming the government and demanding that the hike be rolled back. The Rajya »

Raja Bhaiya booked for murder, quits as UP minister

Uttar Pradesh minister Raghuraj Pratap Singh alias Raja Bhaiya quit Monday, a day after he was booked for the murder of a senior police officer. "Raja Bhaiya has tendered his resignation and it has been accepted. The investigation is on and law will take its own course," Samajwadi Party  »

 

  News Pick

Bhopal gas victims suffer from new abnormalities

The probability of a baby being born with congenital anomalies is seven times higher in areas of Bhopal affected by the 1984 gas tragedy, doctors said here Sunday. The effect is evident even in the third generation.  »

End of the road for Amarinder Singh?

Punjab Congress president and former chief minister Amarinder Singh tried hard to turn the tables on the ruling Shiromani Akali Dal in last month's by-election to the Moga assembly seat, but with another defeat on his watch  »

Kashmir tense over 'mysterious' death of student

Tension gripped south Kashmir's Pulwama district Sunday after reports of a Kashmiri student's death, in Hyderabad, under mysterious circumstances, spread here. Markets were shut and traffic went off the roads as the news of the mysterious death of a student belonging to Parigam  »

'Indian sentiment not against Pakistan'

Indian sentiment is not against Pakistan because people in the country are open to cultural exchanges with the neighbouring country, says Ajeet Cour, the founder president of the Foundation of SAARC Writers and   »

 

Picture of the Day

Paratroopers in formation of Akashganga during the Indian Air Force Fire Power demonstration Exercise 'Iron Fist 2013' at Pokharan, Jaisalmer, Rajasthan on February 22, 2013.

 

Recommend the story to your friends

 

 
 
 
 
 
 
 
 

RSS  |  Contact us

 

| Quick links

News

 

Subscribe to

Ummid Assistant

 

National

Science & Technology

RSS

Scholarships

About us

International

Health

Twitter

Government Schemes

Feedback

Regional

History

Facebook

Education

Register

Politics

Opinion

Newsletter

Contact us

Business

The Funny Side

Education & Career

 

 

Ummid.com: Disclaimer | Terms of Use | Advertise with us | Link Exchange

Ummid.com is part of the Awaz Multimedia & Publications providing World News, News Analysis and Feature Articles on Education, Health. Politics, Technology, Sports, Entertainment, Industry etc. The articles or the views displayed on this website are for public information and in no way describe the editorial views. The users are entitled to use this site subject to the terms and conditions mentioned.

© 2012 Awaz Multimedia & Publications. All rights reserved.