6 Years, Rs 9 crore spent: Peenya Complex still in limbo
6 Years, Rs 9 crore spent: Peenya Complex still in limbo
Karnataka State Handicrafts Development Corporation Ltd's Rs 8.8 crore project at Peenya Industrial Area, meant to save on annual rent, faces delays and financial issues. The construction, stalled since 2019, risks steel reinforcement corrosion. Comptroller and Auditor General (CAG) highlights irregularities in the tender process. State government cites phased execution and fund shortages.
Karnataka State Handicrafts Development Corporation Ltd's Rs 8.8 crore project at Peenya Industrial Area, meant to save on annual rent, faces delays and financial issues. The construction, stalled since 2019, risks steel reinforcement corrosion. Comptroller and Auditor General (CAG) highlights irregularities in the tender process. State government cites phased execution and fund shortages.