The accidents were primarily attributable to fire, explosions, or flooding, it said.
"These accidents led to a loss of two Naval ships and one submarines in addition to loss of precious lives," said the report by the official auditor, tabled in parliament on Thursday.
It noted that the Navy since inception, has no institutionalised framework to deal with safety issues and a dedicated organisation for dealing with this was set up only in 2014 but awaits Government's sanction.
According to the CAG report, among the inadequacies noticed by the audit are inadequacies in implementation of recommendations of boards of inquiry, delayed creation of a safety organistion, and lack of manpower/expertise for analysis of accidents/incidents.
It also said that non-availability of the defence systems onboard the fleet tankers, since their delivery in 2011, rendered them vulnerable to external threats.
"Non-promulgation of safety equipments allowance list, failure to carry out mandatory drills, inaffective monetary mechanism for the liquidation of material issues are also the major reasons," said the report.
Stating that there also were training related factors, the CAG report pointed out that deficient study and analysis of incidents/accidents by Collision and Grounding Analysis Cell were also contributing to the increasing accidents.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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