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	<title>Property News India and Featured Real Estate Stories &#187; financila measures</title>
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		<title>BBMP&#8217;s hundi system faces criticism</title>
		<link>https://groups.commonfloor.com/news/bbmps-hundi-system-faces-criticism-26755</link>
		<comments>https://groups.commonfloor.com/news/bbmps-hundi-system-faces-criticism-26755#comments</comments>
		<pubDate>Fri, 03 Aug 2012 06:46:38 +0000</pubDate>
		<dc:creator>anupma</dc:creator>
				<category><![CDATA[Bangalore]]></category>
		<category><![CDATA[Municipality]]></category>
		<category><![CDATA[BBMP]]></category>
		<category><![CDATA[Bruhat Bengaluru Mahanagara Palike]]></category>
		<category><![CDATA[chief accounting officer]]></category>
		<category><![CDATA[Comptroller and Auditor General of India]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[financila measures]]></category>
		<category><![CDATA[hundi system]]></category>
		<category><![CDATA[Palike commissioner]]></category>
		<category><![CDATA[The hundi system]]></category>

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		<description><![CDATA[The hundi system monitored by the Bruhat Bengaluru Mahanagara Palike (BBMP) has come under severe criticism of the Comptroller and Auditor General of India. The CAG has reported that the Palike commissioner and the Chief  Accounts Officer are responsible for its poor financial condition. CAG has observed that the BBMP&#8217;s improper financial management has resulted in useless [...]]]></description>
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