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The Hindu
The Hindu
National
The Hindu Bureau

CAG pulls up Plantation Corporation of Kerala for poor management practices in its rubber, cashew plantations

CAG Kerala

The Comptroller and Auditor General (CAG) has pulled up the Plantation Corporation of Kerala Ltd. (PCKL) for incurring losses in its rubber and cashew plantations on account of poor management practices.

The CAG, who examined the performance of the PCKL from 2017-18 to 2021-22, observed that earnings from the rubber and cashew plantations dropped by ₹ 16.46 crore and ₹5.16 crore respectively between 2017-18 and 2020-21. The findings are part of the CAG’s Compliance Audit Report for the year that ended in March 2022, which was tabled in the Assembly last week.

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