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CAG flags gross lapses in OMBADC funds use
The New Indian Express Bhubaneswar
|April 08, 2025
THE Comptroller and Auditor General (CAG) has pointed out serious deficiencies in selection of need-based projects in priority sectors for tribal welfare leading to overlapping of schemes and unfruitful expenditure from Odisha Mineral Bearing Areas Development Corporation (OMBADC) funds.
The OMBADC, the special purpose vehicle (SPC) created for planning, selection and financial management of new water supply projects, did not assess the actual requirement when large amounts of central and state governments funds for rural water supply remained unutilised.
The OMBADC Board of Directors (BoD) in its February 2016 meeting approved ₹350.45 crore for drinking water supply in the 469 mining-affected villages without finalisation of the number of projects to be executed. The subsequent meetings of the BoD kept on changing the number of projects from 244 to 215 till August 2022, and project cost was revised from ₹350.45 crore to ₹626.76 crore.
This story is from the April 08, 2025 edition of The New Indian Express Bhubaneswar.
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