CAG Report Highlights Incomplete Sagarmala Projects in A.P. Due to Lack of State Matching Grants
The Comptroller and Auditor General (CAG) of India reported that the previous State government failed to release its allocated share of ₹5 crore as of March 2023. This delay has hindered the Andhra Pradesh Tourism Development Corporation (APTDC) from obtaining the remaining Central funds necessary for the completion of the jetty project at Bhavani Island, located on the Krishna River.
The jetty facility is a critical component of enhancing tourism infrastructure in the region, aimed at facilitating transportation and promoting eco-tourism activities. The completion of such projects often relies on coordinated funding from both state and central governments. The CAGs findings highlight the impact of governmental financial management on the progress of infrastructure projects. Further details from the CAG report also indicate potential delays in project timelines, which could affect local tourism and economic development.
