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Parliamentary panel criticises fisheries ministry for fund underutilisation

Business Standard LogoBusiness Standard5h ago

Parliamentary panel criticises fisheries ministry for fund underutilisation - Business Standard

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A Parliamentary panel on Tuesday criticised the fisheries ministry for under-utilisation of funds allocated in the Budget and asked it to address the issue."...the reasons for under-utilisation continue to remain the same," the Standing Committee on Agriculture, Animal Husbandry and Food Processing said in its third report submitted to Parliament.

The committee recommended the Department of Fisheries make "serious efforts" and "proactively liaise" with state governments and state fisheries departments to address this issue for positive results.

The under-utilisation of funds continues even after more than three years of putting in place a new financial system by the Ministry of Finance, it said.


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Category: BusinessFinance

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Article Type: News Report

Published On: 2024-12-17 @ 21:42:50 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 302 words

Reading Time: 2 minutes read

Sentences: 9 lines

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Copyright Owner: © Business Standard

News ID: 24512385

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