NDTV·2 min read·medium
How A Pricing Error Cost Bengal Rs 12.86 Crore In Flipkart Land Deal
✦AI Summary
An audit report revealed that a pricing error during a land transfer deal between the West Bengal government and WBIDCL resulted in a financial loss of Rs 12.86 crore. The land was originally intended for industrial development involving Flipkart.
According to the audit report, the West Bengal government decided in August 2017 to transfer 1,326.93 acres to WBIDCL for industrial development.
businesseconomy
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