Beneficiaries of grants worth ₹26,000 crore unknown: CAG
The Comptroller and Auditor General of India (CAG) has revealed that grants worth ₹26,000 crore released by two Union ministries over three years have no record of beneficiaries associated with them. In the majority of cases, the mandatory practice of signing MoUs was not followed. The CAG has not ruled out the possibility of fraud and misappropriation.