Comptroller & Auditor General of India
The state’s nodal land acquisition agency Odisha Industrial Infrastructure Development Corporation (IDCO) has hit back at the Comptroller & Auditor General of India (CAG). This was pertaining to its report on irregular land allotment to the industries and IDCO was not happy with the results which it had published. The CAG had found IDCO guilty for irregularly conferring mortgage rights in [...] Continue Reading »
The Comptroller & Auditor General of India (CAG) has raised questions about the legal sanctity of land documents on the basis of which corporate houses setting up steel, aluminium, cement and power projects in Odisha have drawn bank loans to the tune of approximately Rs 52,424 crore. The CAG’s questions with regard to the legality [...] Continue Reading »
