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LATEST NEWS UPDATES | CAG blasts Narendra Modi govt for causing Rs 17,000 cr loss to Gujarat

CAG blasts Narendra Modi govt for causing Rs 17,000 cr loss to Gujarat

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published Published on Apr 3, 2013   modified Modified on Apr 3, 2013
-The Indian Express


The CAG (Comptroller and Auditor General) has slammed the Gujarat Chief Minister Narendra Modi's government for causing a loss to the exchequer to the tune of Rs 17,000 cr.

In its report for 2009-10 and 2010-11, placed before the Gujarat Legislative Assembly, CAG said corruption and irregularities have caused huge losses to the state.

CAG blasted the Narendra Modi government for not being able to stop these irregularities.

Narendra Modi has come in for praise, in India and abroad, for his deft handling of the Gujarat economy which he has taken to great heights with his pragmatic policies - Gujarat has repeatedly logged some of the highest rates of economic growth among India's states, although the state is not at the top of the list.

However, he has faced many accusations of agreeing to corporate demands in a hurry to bring them to Gujarat or otherwise kickstart new ventures or boost old ones.

CAG report puts the dangers of that policy in perspective by highlighting the problems that it generates.


The Indian Express, 3 April, 2013, http://www.indianexpress.com/news/cag-blasts-narendra-modi-govt-for-causing-rs-17000-cr-loss-to-gujarat/1097078/


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