Delhi Jal Board yet to repay debt of over Rs 20,000 crore: CAG report

No amount has been repaid in the last five years, said the CAG report

audit
Press Trust of India New Delhi
1 min read Last Updated : Dec 02 2019 | 10:54 PM IST

The Delhi Jal Board (DJB) has an outstanding loan of more than Rs 26,000 crore and "no amount was repaid" in the last five years, according to a Comptroller and Auditor General (CAG) report released on Monday.

"Total loans disbursed to the Delhi Jal Board since 1998-99 is Rs 26,620.04 crore, out of which only Rs 351.16 crore was repaid leaving Rs 26,268.89 crore as outstanding as on March 31, 2018," the audit report said.

"No amount has been repaid in the last five years. Interest liability on account of the outstanding loans of the Delhi Jal Board is under reconciliation by the Principal Accounts Office and the agencies concerned as intimated by Department of Urban Development, Delhi government," it said.

The DJB was constituted in April, 1998.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Delhi Jal BoardCAG report

First Published: Dec 02 2019 | 9:05 PM IST

Next Story