Bhubaneswar, Feb 13 (IANS) The Odisha government has drawn flak from the CAG for not convening a meeting of the High Level Clearance Authority (HLCA) between Sep 2012 and March 2014 that resulted 11 proposals with an investment of Rs.59,491.64 crore being delayed.
The Comptroller and Auditor General (CAG) in its report on Economic Sector for the year ended March 2014 pointed out that no meeting of HLCA was held after Sep 2012 up to March 2014.
"Eleven proposals for setting up industries with investment of Rs.59,491.64 crore were delayed by one to 18 months. Issues such as industrial development, promotion of foreign direct investment, environment management, land policy, peripheral development, ancillary and downstream development, promotion of frontier industries did not find mention in the minutes." said the report tabled in the assembly Thursday.
As per IPR (Industrial Policy Resolution) 2007, HLCA headed by Chief Minister should meet at least once in a quarter to review implementation of the IPR 2007 that issues pertaining to industrial development in the state.
The HLCA examines proposals of investment of more than Rs.1,000 crore in the state.
However, the audit agency said the state government in Oct 2014 maintained that the date of convening of HLCA is based on various factors, convenience of committee and sufficiency of proposals.
The third match of the five-Test series between India and England will be played in Rajkot from T
The ruckus continues over the Agneepath scheme. The fire of violence has spread in 11 states. Fro
On Sunday, the Delhi Capitals snapped a streak of five consecutive defeats at their home ground,
The trailer of Jaideep Ahlawat's most awaited series 'Paatal Lok 2' has been released. This time
There is continuous rhetoric regarding the statement of Infosys founding member Narayan Murthy ab
The Constitution Bench of the Supreme Court will hear the decision of the Andhra Pradesh governme
Indians prefer Dubai, Bangkok outings for V-Day: Survey
New Delhi, Feb 10 (IANS) Dubai and Bangkok have emerged as the top searched outbound destinatio
The National Human Rights Commission of India held its third hearing on air pollution in Delhi NC
Show proof of my resignation: Yadav
New Delhi, March 26 (IANS) AAP leader Yogendra Yadav on Thursday dared his colleagues to give p
Digital Personal Data Protection Bill: The government has presented the draft of the Digital Pers
