LUCKNOW, Feb. 20 -- The Comptroller and Auditor General (CAG) report tabled in the Uttar Pradesh Legislative Assembly on Thursday has highlighted major shortcomings in the functioning of the Uttar Pradesh State Industrial Development Authority (UPSIDA), pointing to its operations without approved regulations, irregularities in evaluation of bidding documents, awarding of contracts, and allotment of plots without obtaining financial details or prescribing minimum qualifying marks. The report covers the period from 2017-18 to 2021-22 (updated up to March 2024).

The CAG noted that the UPSIDA, which was formed on September 5, 2001 to address difficulties faced by the UP State Industrial Corporation Limited and ensure planned development of i...