All allegations against me in CAG reports are baseless, says Nitin Gadkari

All allegations against me in CAG reports are baseless, says Nitin Gadkari

The CAG has named Union Minister Transport Minister Nitin Gadkari as one of the "promoters andor directors" of Purti Sakhar Karkhana Ltd, a company that has violated the conditions of favourable grants, given to incentivize the production of renewable energy. CAG report tabled in Lok Sabha flagged non-compliance by Purti Sakhar Karkhana Limited (PSKL) — a bagasse based co-generation project of the Purti Group in which Union Minister of Road Transport and Highways Nitin Gadkari was once a board member. CAG audit found that the borrower did not comply with the conditions for interest subsidy that stipulated the renewable energy project was to operate for a minimum of 10 years after its completion.


User: NewsX

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Uploaded: 2019-03-02

Duration: 01:36