"The state government has not spent even one-fourth of the funds it has received under the Bundelkhand package," Singh told reporters here.
Most of the package money was being given to BJP ministers and their families, he alleged, and added, Congress General Secretary Rahul Gandhi's dream for the region would never be fulfilled.
Singh said he would prepare a report on prevailing conditions in the Bundelkhand region and submit it to Chief Minister Shivraj Singh Chouhan to ask for a high-level probe into the matter.
There were also a number of problems in the implementation of MNREGA in the state, he said.
A special package of over Rs 7,200 crore was announced by the Planning Commission for Bundelkhand, a backward drought-prone region, in 2009.