The CAG has slammed the Archaeological Survey of India (ASI) for its failure to construct an Institute of Archaeology, saying its lackadaisical approach has cost an avoidable payment of over `2.60 crore.
In a report tabled in Parliament on Friday, CAG has said that ASI had proposed in 1998 to acquire 25 acres of land from the Greater Noida Authority at a cost of `4.77 crore at Greater Noida and the land was allotted two years later, while ASI executed the lease agreement for the plot in December 2004.