CAG finds huge revenue loss for non-imposition of fines on companies

Uttarakhand Government tabled report of the Comptroller and Auditor General of India in the assembly during the ongoing budget session on Wednesday.
As per the 210-page CAG report, there has been a loss of crore of revenue due to the non-imposition of fines on mining corporations. The audit pertains to years ending 31st March 2020 and 31st March 2021. Factors like the Culture department, forest fire, old age pension, helicopter companies, failure to pay TDS, and penalties have been prominently mentioned in the CAG report. The CAG report states that the failure of the District Mining Officers of Bageshwar and Chamoli to impose fines on illegal mining stockpiles resulted in a revenue loss of Rs 1.24 crore. The report also mentions that due to the non-imposition/under-imposition of penalties on excess storage of minor minerals, the department suffered a revenue loss of 2.72 crore.

TDG Network

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