
Shocking! Money to rehabilitate 2014 flood victims was granted to wealthy businessmen
Audit reveals scheme not in line with PMDP guidelines; Out of 19 major beneficiaries, 10 were not affected by 2014 floods; Finance department tells CAG that scheme was rolled out as per budget announcement of Finance Minister
The Chief Minister’s Business Interest Relief Scheme(CMBIRS) announced by the previous PDP-BJP government has come under scanner, with the Comptroller and Auditor General of India pointing out that the scheme was not as per the guidelines of the interest subvention scheme of the Prime Minister’s Development Package(PMDP) for J&K.
In its report, a copy of which is in possession of news agency—Kashmir News Observer (KNO), the CAG has revealed the scheme was not as per the guidelines of the interest subvention scheme of the PMDP. “An amount of Rs 180 crore rece...
