In its report, the Comptroller and Auditor General (CAG) of India has said that a new object head 'Grants for Creation of Capital Assets' was introduced in the financial year 2009-10 to account for the grants released to grantee bodies for creation of capital assets.
The government auditor said that during 2013-14, out of the total grant Rs. 87.67 crore, Rs. 24.63 crore and Rs. 19.80 crore were released to autonomous bodies/national institutes and universities respectively.
However, information could not be furnished to CAG regarding the existence of a centralised records/database, viz. Name of the grantee, details of assets created, amount of grant actually utilised for creation of capital assets, ownership of the capital assets, geographical location of the capital assets so created.
"In absence of such details, assurance could not be derived that the expenditure booked under this head actually resulted in creation of capital assets for which the grant was sanctioned," the report said.
The CAG also said that the ministry has stated that the functioning of performance of national institutes is reviewed periodically under the Chairmanship of the Social Justice Minister and Secretary (Disability Affairs).
The functioning of the national institutes is also reviewed by the Parliamentary Standing Committee on Social Justice and Empowerment from time to time.
"However, no report of such review was provided by the Ministry. Moreover, regarding other autonomous bodies/ corporations no information was furnished by the Ministry," the CAG report said.
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