Sunday, January 3, 2016

Heavy Sums of Public Money Gone Down the drain


"Govt. opacity leaves Rs. 8000 crore expenditure unaccounted for" (the Hindu December 28, 2015 by TCA Sharad Raghavan) 

With a view to simplifying and streamlining the heads of accounts the government might have resorted to merging of different minor heads of accounts and it is not that the entire money would have been spent illegally or misappropriated for self gains as allegedly unaccounted for by the departments in the analysis of Union Government Finance Accounts for the year 2014-15 by the Hindu. On a closer scrutiny the lazy and inefficient babus might have failed to give full details in the in the first place in appropriate columns. However, it is true, a portion of this amount would have been possibly  misused like in the case of "Cattle Feed Scandal" indulged by Lalu Prasad Yadav & his officials in Bihar a decade or two ago.

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