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The increase in the project cost of the Chhatrapati Shivaji International Airport in Mumbai, being developed by a consortium led by the GVK group, was wrongly passed on to passengers through the levy of a development fee. Instead it should have been absorbed by the concessionaire, says a report by the Comptroller and Auditor General of India.
The Government auditor, which tabled 11 reports in Parliament on Friday, also advised the Petroleum Ministry to formulate a pricing mechanism for regulated petroleum products in a way that does not unduly benefit private/standalone refineries.
In a report on the Railways, the CAG said that the “model concession agreement” for executing projects should be framed within the stipulated time, adopting a uniform approach to all public-private-partnerships.
The other reports that were tabled included one on the Stressed Assets Stabilisation Fund for the year ended March 2013, another on the compliance audit on service tax, one on the performance audit on direct tax and one on the duty entitlement passbook scheme.
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