You are here: Home » Economy & Policy » News
Business Standard

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

Topics
Delhi Jal Board | CAG report

Press Trust of India  |  New Delhi 

audit

The (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 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 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.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, December 02 2019. 21:05 IST
RECOMMENDED FOR YOU
.