Railways incurred Rs 835 crore loss due to ‘improper’ decision of land deal: CAG, – Homevior
NEW DELHI: Railway ministry has suffered Rs 835 crore loss on interest paid on a loan of Rs 3,200 crore taken by its PSU, IRCON, for development of a land parcel at Bandra East in Mumbai due to “improper” decision of the national transporter, the CAG has found. The loan along with interest was repaid …