NOIDA allotted farmhouses in 'questionable' manner, loss of Rs 2,833 cr to exchequer: CAG
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Farmhouse schemes launched in Noida during 2008-11 lacked requisite Uttar Pradesh government approvals, and allotments under them were done in a "questionable" manner, causing a loss of over Rs 2,833 crore to the exchequer, according to a new CAG report. In the audit report tabled in the Uttar Pradesh Assembly on Friday, the CAG also flagged significant lapses in policies adopted by the NOIDA, also called the Noida Authority.