New Delhi: India is sitting on over Rs 1 lakh crore of unused foreign aid reflecting inadequate planning of ministries like urban development, water resources and energy, a report by government auditor Comptroller and Auditor (CAG) has said.

"As on March 31, 2010, unutilised committed external assistance was of Rs 1, 05,339 crore," the CAG said in its report tabled in Parliament on Friday.

The government has paid commitment charges of Rs 86.11 crore during 2009-10 in the form of penalty for not timely utilising the aid approved by multilateral and bilateral lending agencies.

"Inadequate planning resulted in avoidable expenditure in the form of commitment changes amounting to over Rs 86 crore," said the CAG report.

The report has outlined 16 sectors which sit on unutilised external assistance to the tune of Rs 1.05 lakh crore. The sectors include urban development (23,883 crore), roads (Rs 11,617 crore), agriculture and rural development (Rs 9,557 crore), water supply and sanitation (Rs 8,995 crore) and power (Rs 7,959 crore).

Besides, sectors like railways, health, environment and forestry, atomic energy and rural development too had substantial amount of unutilised foreign assistance.

Among others, India receives financial assistance from World Bank, Asian Development Bank and from developed countries like Japan, France and Germany.