Funds for poor kids diverted to private firms in MP: Report
The latest case in the series of scams is perhaps from Madhya Pradesh. Once again, poor children have been made scape-goats while bureaucrats and babus are raking in big moolah, at the cost of playing with the lives of hunger-striken children.
According to a CNN-IBN report, the Madhya Pradesh government has diverted funds meant to feed poor children to private companies by forging documents and registering fake companies.
The channel's investigation found that the Madhya Pradesh Agro Industries Development Corporation formed three joint venture companies with three different private parties for the production and supply of nutritious food. The Corporation kept a minority 11 per cent stake with itself in these joint ventures and one of these companies was formed by forging documents.
In September 2008, the state Agro Industries Development Corporation issued an advertisement in newspapers, seeking a partner from the SC/ST community, for production and supply of nutritious food.
The pertinent question that remains is as why they forged documents to form a joint venture that was to operate on minimum profits.
OneIndia News
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