Sunday 8 September 2013

17 thousand crore scam in Railways

Already several scandals and allegations of scandal caught in a walled government is looking. Comptroller and Auditor General (CAG) said in its latest audit report of railway transportation policies, the government has estimated a revenue loss of 17,000 crore.
CBI is already investigating such cases.The scandal has been since the beginning of the export of iron ore in 2008, double the cost of a policy introduced by the railway. The cost of transportation of iron ore for export for household use to be three times higher than that of transportation.
The CAG had sent to the Ministry of Railways said that the government was on a draft of dues revenue losses of approximately 17,000 thousand crore. 41 Figure 75 loading points and unloading points, only 10 out of 26 , based on the audit .
The CAG report on Railways audit of the three zones, where most of the iron ores are loading. These zones to the south east, south west and east are the limit. The calculations were carried out between May 2008 and March 2012, including the calculation of transportation.
There are many facts to CAG, which shows how the fraud carried out by the exporters. Domestic rates for transportation facilities such as note affidavit and indemnity were required to submit certain documents.
According to CAG, “it shows that the railway’s administrative staff and the parties had colluded Bach.”
290 Kiyha those mentioned in the audit and non-domestic rates for the convenience of the parties without giving the necessary documents were completed. Railway and the South Eastern Railway’s move just Rupee 2090.15 crore revenue loss. While the overall presentation of documents partial loss of revenue of Rs 2228.30 crore.
According to CAG ”The filing of documents / submission of documents due to partial loss of the total revenues of Rs 2343.53 crore. " CAG inquiry found that between October 2012 and March 2013 that 153 parties who have not submitted any documents while the 290 parties had failed to take all necessary documents. This shows that these parties about the circumstances of deliberate fraud domestic rates and therefore these should be fined.
According to the CAG audit, '443 parties should be fined nearly Rs 17588.16 crore. "

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