Friday, January 04, 2013

Please spend!!!

MLAs need to use the funds

India might have 450 million paupers; it has never been a poor nation in the sense of availability of funds. But sadly, it has always been a poor performer when it comes to the efficient allocation of these funds.

The capital city itself is a stark indicator of this unfortunate situation; so one can imagine the issues with the rest of the country. According to a report by CAG that was released in 2006, there were 34 Members of the Legislative Assembly (MLAs) of Delhi in the list of blacklisted MLAs, who hadn’t been able to utilise the funds allocated especially to them for their constituency development under the Assembly Constituency Development Programme (ACDP). The report stated that in the financial year of 2004-05, there were 3 MLAs who didn’t spend even a single penny for development. The remaining spent less than half of the amount that was allocated to them.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
For More IIPM Info, Visit below mentioned IIPM articles.