CAG has unearthed another scam,this time it is in the farm sector.
The Comptroller and Auditor General in its report tabled in Parliament on 5th March has stated that thousands of ineligibile candidates have been given the benifit of farm loan waiver from the scheme of the central government to the tune of Rs.52,000 crore. At the same time many of those entitled to the waiver are being denied.
The CAG has furthur stated that there is prima- facie evidence of tampering,overwriting and alteration of records.The report says there was no proper monitoring of the scheme by which even big land lords have garnered a sizable portion of the scheme.CAG therefore suggested immediate recovery of money paid to ineligible beneficiaries and loans extended to MFIs.
Of the 9334 accounts test-checked in audits across nine states,1257 (13.46 per cent) were found to be eligible for benefits,but were not considered by the lending institutions,the report adds.
A detailed enquiry is imperative to unearth the real extent of the scam.