CAG report finds mismanagement in OMC, MGNREGA irregularities

Bhubaneswar: The Odisha Mining Corporation Limited (OMC) lost a chance to earn revenue of Rs 1,838.98 crore due to shortfall in production of 114.44 lakh metric tonne of iron ore and 2.70 lakh metric tonne of chrome ore during 2012-17. As per the Comptroller and Auditor General (CAG) report tabled by Finance Minister Sashi Bhusan […]

CAG-report

Bhubaneswar: The Odisha Mining Corporation Limited (OMC) lost a chance to earn revenue of Rs 1,838.98 crore due to shortfall in production of 114.44 lakh metric tonne of iron ore and 2.70 lakh metric tonne of chrome ore during 2012-17.

As per the Comptroller and Auditor General (CAG) report tabled by Finance Minister Sashi Bhusan Behera in the Odisha Assembly today, OMC had to bear an expenditure of Rs 57.26 crore as rent and watch ward expenses since 26 out of the 34 mining leases granted to it remained inoperative for a period ranging from seven to 37 years.