​​​
  1. May stop funds to states for power scheme irregularities: Piyush Goyal

May stop funds to states for power scheme irregularities: Piyush Goyal

The Centre will stop funding states that are found indulging in irregularities in procurement of material for its flagship schemes for rural electrification and urban upgradation of power infrastructure, Power Minister Piyush Goyal warned today.

By: | Panaji | Updated: June 16, 2016 8:01 PM
"Any irregularity found by us at the Centre could actually cause us to stop the funding to the states which indulge in any activity which are not in the best interest of the people of India," Goyal (PTI) “Any irregularity found by us at the Centre could actually cause us to stop the funding to the states which indulge in any activity which are not in the best interest of the people of India,” Goyal (PTI)

The Centre will stop funding states that are found indulging in irregularities in procurement of material for its flagship schemes for rural electrification and urban upgradation of power infrastructure, Power Minister Piyush Goyal warned today.

“I would request states which are not willing to join the common procurement pool to study its benefits, do an apple to apple comparison, compare the specifications (from central pool) to that being procured with your own specifications, compare the prices before you take any decision.

“Any irregularity found by us at the Centre could actually cause us to stop the funding to the states which indulge in any activity which are not in the best interest of the people of India,” Goyal told the ministers and secretaries of states at a 2-day conference here.

“Dinadayal Upadhyay Gram Jyoti Yojana and the integrated power development scheme are largely funding the investments in this roll out of rural electrification and urban upgradation,” he said.

“We will be watching and closely monitoring the technology and quality of products that are being bought by the states. We will be monitoring the pricing at which these are being bought and transparency with which these are being purchased.

Also Read: Companies, big people behind power pilferage: Piyush Goyal

“Any problems associated with the quality, technology, pricing or corruption that are brought to our notice will be promptly put up on the website (of the ministry),” Goyal said.

So, it is the choice that different states can make, he said, adding, “If you believe that you can do it better than central procurement, you are welcome. But the strength of this programme is the fact that we are all in it together and we are combining our procurement and…combined requirement helps us to do process more honesty and helps us to keep tab on quality control”.

During his half an hour long speech, the minister said that Maharashtra had earlier joined the operational efficiency part of UDAY scheme.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Go to Top