India, Feb. 21 -- Two projects failed to take-off due to lack of monitoring and non-signing of agreements between parties

A Comptroller Auditor General (CAG) of India report has highlighted two projects that failed to materialise due to lapses in following procedures by the Union Ministry of Environment, Forest and Climate Change (MoEFCC). The projects cost Rs 4.47 crore to the public exchequer.

The ministry spent Rs 1.04 crore on technical research for the development of polyols from plant-based non-edible oils in collaboration with Indian Institute of Chemical Technology (IICT), Hyderabad and an industrial partner, the report found.

MoEFCC approved the two-year project in 2013 under the "Development and promotion of clean technology ...