India is sitting on 89.95 billion rupees (US$ 2 billion) of unused foreign aid for water supply and sanitation, according to a report by government auditor Comptroller and Auditor-General of India (CAG).
As of 31 March 2010, unutilised committed external assistance for 16 sectors, including water and sanitation, amounted to 1,053 billion rupees (US$ 23.7 billion).
During 2009-10, the Indian government had to pay 861 million rupees (US$ 18 million) in commitment charges as a penalty for not utilising aid approved by multilateral and bilateral lending agencies on time. Of that amount, 532.6 million rupees (US$ 11.8 million) went to the Asian Development Bank (ADB) and 272.8 million rupees (US$ 6.1 million) to the World Bank.
Source: Hindu, 18 Mar 2011
