• About Us
  • Contact Us
  • Our Team
  • Advertising
  • Privacy Policy
  • Terms of Service
Saturday, October 24, 2026
Lake City Times
No Result
View All Result
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper
No Result
View All Result
Lake City News
No Result
View All Result
Home Top News

Water transport in river Jhelum

Poor planning, non-utilisation of assets led to idle investment of Rs 6 crore: CAG

LCT Desk by LCT Desk
August 17, 2023
in Top News
Reading Time: 2min read
A A
Share on FacebookShare on TwitterWhatsappTelegram

Mubashir Alam

Srinagar, Aug 16: The Comptroller and Auditor General of India has revealed that poor project planning and non-utilization of assets created for water transport in river Jhelum in Srinagar has led to an idle investment of Rs six crore.
In its report tabled in the Parliament recently, the CAG said the Jammu & Kashmir government went ahead with the project despite studies showing that the cruise could not pass under most of the bridges of Srinagar city.
“As per the initial studies conducted by M/s Hyderabad Boat Builders, the cruise could not pass under most of the bridges of the Srinagar city, thus making the project quite unviable. Despite this, the Implementing agency went ahead with the execution of the project,” reads the report.
According to the report, the Jammu & Kashmir Tourism Development Corporation had procured two cruise boats valuing Rs 1.40 crore in April 2017.
But these boats remained docked in the Jhelum River in Srinagar and could not be utilised for want of floating jetties, the report states.
The CAG further revealed that the cruise has been not made still functional despite completion of the entire project.
“As the work of installation and commissioning of jetties was given to Irrigation & Flood Control Department only in April 2021, the cruise boats remained idle for more than five years. The entire project is now completed at a total cost of Rs 6 crore. However, the cruise has not been made functional and is lying idle, thus making the entire investment of Rs 6 crore unfruitful,” the report adds.
In its response to CAG, the J&K Government submitted that in February 2022 that they were trying to get the boats operational through Srinagar Smart City Limited.
“The reply is not tenable as these boats remained parked for more than five years in river Jhelum and as on date the cruise boats were still not operational. In the absence of being functional, deterioration of assets cannot be ruled out,” the report states.

READ ALSO

Remain prepared to tackle emerging challenges: Rajnath to Army Commanders

Trying my best to bring progress in every area: CM

Related Posts

National

Remain prepared to tackle emerging challenges: Rajnath to Army Commanders

October 24, 2026
Remain prepared to tackle emerging challenges: Rajnath to Army Commanders

New Delhi, Oct 23: Asking Army commanders to plan for the next 20 to 30 years and remain prepared to...

Read more
by LCT Desk
0 Comments
Top News

Trying my best to bring progress in every area: CM

October 24, 2026
Trying my best to bring progress in every area: CM

Budgam, Oct 23: Chief Minister Omar Abdullah on Friday said the National Conference (NC) government is making every effort to...

Read more
by LCT Desk
0 Comments
Top News

MoP allocates 330 MWs to J&K for Dec-Feb

October 24, 2026
Can J&K, Ladakh’s power grids withstand 5.5 per cent power reserve margin?

Srinagar, Oct 23: With the onset of winters, the Ministry of Power (MoP) has allocated 330 Megawatts (MWs) power for...

Read more
by LCT Desk
0 Comments
Top News

CM likely to meet Lt Governor today

October 24, 2026
Won’t tolerate ‘jungle raj’ in J&K: CM

Srinagar, Oct 23: Chief Minister Omar Abdullah is likely to meet Lieutenant Governor Manoj Sinha on Saturday to discuss several...

Read more
by LCT Desk
0 Comments
Top News

Dy CM criticises media for targeting NC, not questioning BJP

October 24, 2026
Govt putting every effort to restore J&K’s statehood, special status: Dy CM

Budgam, Oct 23: Deputy Chief Minister Surinder Chaudhary on Friday criticised what he described as a section of the media...

Read more
by LCT Desk
0 Comments
National

Innovations, emerging technologies should benefit humanity: Vice President

October 24, 2026
CP Radhakrishnan elected as India’s new Vice President

New Delhi, Oct 23: Vice President of India, C. P. Radhakrishnan, Friday released the book ‘Advantage India: Reshaping the Future...

Read more
by LCT Desk
0 Comments
Next Post
4 year old boy killed, 3 persons injured in Poonch accident

Road accident leaves minor dead in Sopore

  • About Us
  • Contact Us
  • Our Team
  • Advertising
  • Privacy Policy
  • Terms of Service

© 2021 Lake City Times - Premium theme by GITS.

No Result
View All Result
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper

© 2021 Lake City Times - Premium theme by GITS.