Kolkata: The West Bengal Industrial Development Corporation Limited suffered a loss of Rs 12.86 crore while allotting land to e-commerce major Flipkart's logistics arm Instakart Services at its Haringhata Industrial Park in Nadia district, a CAG report has flagged.
The report noted that WBIDCL, the state's nodal agency for industry development, incurred the loss because it computed the base price of the land without accounting for large water bodies within the project site, in deviation from its own pricing policy.
