Page 257 - KRCL ENglish

3. Whether funds received / The funds received / There is no impact on the
receivable for specic receivable for specic Accounts and Consolidated
schemes from central/ state schemes from central/ state Financial Statement.
agencies were properly agencies are properly
accounted for / utilized as accounted for.
per its term and conditions?
List the cases of deviation. With respect to utilization of
funds received amounting
to Rs. 12.50 Crores (Rs.9
Crore:28.09.2017, Rs.3.50
Crores :15.03.2018) and
interest accrued thereon
from Ministry of Tourism,
G o v t . o f I n d i a f o r
development of tourism
infrastructure at certain
stations, as per the terms of
sanction if the amount is not
utilized within 6 months the
s a m e s h o u l d b e
surrendered to Central
G o v e r n m e n t , u n l e s s
extension is granted.
However the same is not
being done.

Further during FY 2019-20,
the company has received
Rs. 17.64 Cr from Ministry of
Railways under Nirbahaya
Fund for installing CCTV
cameras at various stations
in Konkan Railway route out
of which Rs. 6.49 Cr is
utilized during the year.
The remaining balance of
Rs. 11.15 Cr is pending to be
utilized as on the balance
sheet date.

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