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India: US$2bn unused aid for water and sanitation

According to the Comptroller and Auditor General of India, the country has approximately US$2bn of unused foreign aid for water supply and sanitation. As of March 31, 2010, unused foreign aid for 16 sectors including water and sanitation amounted to US$23.7bn. In the 2009-2010 period, the Government of India had to pay US$18m in fines as penalty for not using aid approved by bilateral and multilateral lending agencies – US$11.8m went to the Asian Development Bank and US$6.1m went to the World Bank.

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