India, May 1 -- Irregularities in tendering procedures, construction delays at the Jalna campus, blocking of department of atomic energy (DAE) funds to set up an institute, no minutes maintained of various committee meetings and non-appointment of committees - these are some of the issues highlighted in a recent Comptroller and Auditor General (CAG) report on the Institute of Chemical Technology (ICT).

The Matunga-based institute is the oldest in the country working in the field of chemical engineering, research and allied branches. In 2008, the institute acquired deemed-to-be-university status. Now, it plans to relinquish this status, saying it limits the ICT's access to central and state funding.

However, all is not well at the Matung...