In the red, CAB to check on spending

Image
Press Trust of India Kolkata
Last Updated : Jul 08 2015 | 9:42 PM IST
Stumped by a deficit of Rs 3.70 crore in the last financial year, the Cricket Association of Bengal will now have budget in place for all its sub-committees to check on its spending.
"From now on there would be a budget for everything that we spend in CAB. President (Jagmohan Dalmiya) and all the senior members wanted this," former India captain and CAB joint secretary Ganguly told reporters after their working committee meeting here.
Asked whether it's cost-cutting measures by CAB in the aftermath of the loss, a first in 10 years, Ganguly said: "Well, budget means cost cutting."
"There's also a proposal to appoint an independent auditor from next fiscal," Ganguly added.
On the appointment of a new coach for Bengal senior side, Ganguly said: "I've spoken to Manoj (Tiwary) and (Laxmi Ratan) Shukla and we will take a decision soon. We don't want to rush things."
According to a senior CAB member, the question was raised in the working committee by senior politician duo of Subrata Mukherjee and Subrata Bakshi.
"But before it could get stormy, Ganguly brought everything under control and everyone agreed that the transport and all the spending from now on would be monitored," the CAB member said.
To get a CAB transport, an official now have to procure a requisition slip signed by the assistant secretary, he added.
The CAB has come severe criticism after the loss was made public following the last week's financial committee meeting.
Senior financial committee member Hironmoy Chatterjee, who is also an All India Tennis Association official and BTA secretary, had earlier claimed that CAB office bearers used official transport for personal purposes, incurring a debt of Rs 3 crore.
Chatterjee also revealed that CAB had gifted expensive tablets to all the 121 affiliated members and spent lavishly on refreshments.
*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

First Published: Jul 08 2015 | 9:42 PM IST

Next Story