Rajeev Chandrasekhar's official website - Member of Parliament

GOVERNMENT OF INDIA
Ministry of Defence
Department of Defence Production

RAJYA SABHA
UNSTARRED QUESTION NO: 1419
TO BE ANSWERED ON 02.12.2009

CAG Report on Inflated Figure of Sales by BEML

QUESTION

1419.  Shri Rajeev Chandrasekhar:
Will the Minister of Defence be pleased to state:

(a)    whether it is a fact that the C & AG in his recent report on the working of BEML (Bharat Earth Mover Ltd) has stated that the company has inflated its sales of Rs. 894 crore; and

(b)    if so, the reaction of Government in the matter and the action taken/proposed to be taken in regard thereto?

ANSWER

MINISTER OF STATE IN THE MINISTRY OF DEFENCE
(Shri M.M Pallam Raju)

(a)    Yes Sir.

(b)    BEML has been advised to ensure that sales are booked appropriately and also have a re-look at its sale accounting policy.