The CAG has pointed out irregularities in the waiver of loans to Agricultural sector.
He points out that the Bureaucrats have siphoned off the money.
Irregularities in Waiving of Agricultural Loans.
1.Those eligble were loan waiver were not considered.
2.Those ineligible were granted loans.
3.Banks have diverted Funds received for the Waiver of the loans to Micro Finance Institutions.
5.Disbursement Accounts were tampered with.
6.The Institutions made false claims for reimbursement from the Government.
7.Monitoring was not effective.
These points were proved with documents.
The the Prime minister ManMohan Singh declares that an enquiry is being ordered and if some one is found to be guilty, he will be punished.
He is an honorable Man.
If the Reports of the CAG are not reliable, dismantle it.