According to official records, every year the Assam Government fails to get a huge amount of Central funds allocated to it under the Annual Plan due to its failure to utilize the funds properly. However, evidence shows that huge amount of Central funds released to the State remaining unused. From fiscal 2001-2002 to fiscal 2009-2010 the total Annual Plan allocation to Assam from the Centre was Rs 29247.93 crore, but the State Government received only Rs 24055.93 crore. Thus the State Government failed to get Rs 5,192 crore allocated to it due to its failure to submit utilization certificates of the funds allocated on time. Of the Rs 24055.93 crore received by the State, it failed to utilize Rs 1,056.71 crore.
Posted on: Sun, 01 Sep 2013 14:45:48 +0000
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