State bodies and corporation boards have a big hand in immersing the state government in debt worth thousands of crores. This has come to light after studying the CAG report tabled in the House on the last day of the winter session of the Assembly on Saturday. According to the CAG report, in the name of providing facilities to the public, every year, institutions and organizations working in various fields take loans and advances of crores of rupees from the government, but are not repaying. Consequently, the government has to bear the burden of this debt directly.
According to the CAG report, from the year 2013-14 to 2017-18, the State Government has Himachal Pradesh Private Institutional Regulatory Commission, Himachal Pradesh State Cooperatives, State Marketing and Consumer Confederation Corporation Limited (HIMFED), Himachal Pradesh Vidyut Nigam Limited, Himachal Pradesh Vidyut Nigam 6507 crore provided total outstanding loans and advances till 31 March 2018 to various institutions and organizations like Sanchar Nigam, Municipal Corporation Dharamshala and Nagar Parishad Solan. Did it After this, in these five years, these organizations and institutions returned only Rs 153 crore and received 469 crore as interest on these loans and advances. Even after this, a loan of six thousand crores stood on these institutions in these five years. Due to which the government does not want to stop the facilities available to the common people, so it gives loans, but these organizations are forgetting the duty of returning the money by spending money instead of extending the facility to the people by making positive use of this money.
The CAG report has revealed that the work of Kandrodi and Pandoga industrial areas in the state has been delayed. The tasks of both projects were divided into 55 sub-tasks. 103.40 crores was spent on twenty works but they remained incomplete. Both these projects could not be completed even after one year. The company started operations without technical approval while the financial management of the company was also not efficient and effective. The CAG report noted that Kandrodi and Pandoga industrial areas were to be developed in order to industrialize and generate employment in urban, rural and geographically isolated areas.
The report said that work in the Kandrodi project was handed over during January 2016 to October 2017. These were handed over after a delay of 10 to 31 months from the date of approval of the project. Apart from this, five works were completed after the due date. Work site development works in the Pandoga project were not included in the detailed project report. This could have been done before starting the implementation of the detailed project report works. The company delayed the commissioning of the works and the work was completed in December 2017 at a cost of 25.44 crores.
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