'Governments have no business running temples. Governments certainly have no business deciding who is a Hindu and who is not a Hindu.'
In a stinging attack on the Comptroller and Auditor General, the Congress on Monday alleged the government auditor was as much responsible as the Bharatiya Janata Party for the disruption of the just-concluded monsoon session of Parliament on the coal mine allocation issue.
In the dock over three new Comptroller and Auditor General reports, the government on Friday stressed that these were not final and accused the auditor of not following its mandate.
In what is seen as a significant move, the DAP featured measures to reduce delay in procurement of essential items by the three services as it proposed a new enabling provision to acquire them through capital budget under a simplified procedure in a time-bound manner.
The guidelines listed several services including government and private offices that will be out of bounds during the period, while exempting establishments such as hospitals, ration shops, dairies, banks, insurance offices, and print and electronic media. Delivery of all essential goods including food, pharmaceuticals, medical equipment through e-commerce has also been exempted from the purview of the lockdown.
Keeping up its attack on the Comptroller and Auditor General, the Congress on Thursday said the auditor was "not competent enough" to decide on the loss to the government in the coal block allocation issue "just on the basis of presumptions".The party also said that Prime Minister Manmohan Singh was "clean" and no one could raise an accusing finger at him in the wake of the CAG report" and there has been "no error or wrongdoing".
The Universal Service Obligation fund was set up in April 2002 and a statutory status was given to it.
The fourth additional sessions court in Hyderabad on Wednesday posted the orders on the bail petition of Price Waterhouse auditors to Thursday.
The CAG audit may look into expenditure on printing of notes, RBI dividend payout and banking transaction data.
Fraud is a big concern among many board members.
The political row had erupted after the National Democratic Alliance government inked the Rs 59,000-crore deal on September 23, 2016 to procure 36 Rafale jets from French aerospace major Dassault Aviation after a nearly seven-year exercise to procure 126 Medium Multi-Role Combat Aircraft for the Indian Air Force did not fructify during the Congress-led United Progressive Alliance regime.
Congress said it expects the truth to prevail after the report on the Rafale deal is made public.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The Delhi government on Friday said Chief Minister Sheila Dikshit has not been indicted by the Comptroller and Auditor General on corruption charges for dubious Commonwealth Games projects and the auditor has only pointed out certain "procedural wrongdoings".
The fund generated a lot of interest immediately after Prime Minister Narendra Modi announced its formation of the fund in the last week of March after the COVID-19 outbreak and appealed for donations, prompting several private firms, government bodies and individuals, including celebrities, to donate money.
Over the next five years, it will be Narendra not Nitish who will be under pressure to deliver vikas and atmanirbharta in Bihar, notes Kanika Datta.
Reliance Capital has two credit verticals -- Reliance Commercial Finance and Reliance Home Finance -- with a cumulative asset of over Rs 25,000 crore.
Amidst a debate on controversies surrounding some of the Comptroller and Auditor General reports, the high level committee that went into the Commonwealth Games related projects, has suggested changes in the functioning and structure of top audit and vigilance bodies like the Comptroller and Auditor General making it a three-member body.
Rahul Khullar's guiding credo was that a civil servant must never lose sight of his client: The little guy. The evil men are those who are decision-makers but abdicate their responsibility of taking decisions, leading people to lose confidence in public institutions.
With media reports of audit raking up a coal scam, Prime Minister Manmohan Singh on Thursday said the Comptroller and Auditor General (CAG) has clarified there is no report and maintained there was no need for him to clarify in Parliament.
In another huge embarrassment to the government after the 2G fiasco, the Comptroller and Auditor General (CAG) has estimated a Rs 10.6 lakh crore loss to the exchequer on account of allotment of coal blocks during 2004 to 2009 without auction to 100 private and public sector companies.
A special audit will look into any pricing anomalies in the transactions between the two, according to a source. FTIL had a contract for helping the exchange with its technology needs.
Against the backdrop of dispute over figures of presumptive loss in 2G spectrum allocation, the Comptroller and AG has said the draft report which had put Rs 2,645 crore as one of the loss figures could not "conclusively" bring out the potential loss and merely highlighted "possibilities."
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
The market buzz is that the GoAir promoters are hoping for a valuation that is at least a little more than double its closest rival SpiceJet.
The Comptroller and Auditor General on Friday dragged the Prime Minister's Office in the Commonwealth Games mess by saying that Suresh Kalmadi, who is jail for alleged irregularities, was appointed as Organising Committee chief at its behest in 2004 despite "serious objections" from within government.
Government auditor CAG has rapped five regulators, including Sebi, Irda and PNGRB, for keeping their surplus funds worth over Rs 2,142 crore collected through fee and penalty outside the government accounts.
ONGC, Hindustan Petroleum, Bharat Petroleum, Indian Oil and Oil India listed the spending as part of their mandatory CSR commitment, but CAG noted that the Sardar Patel statue did not qualify for CSR funding.
The Board of Control for Cricket in India, eagerly awaiting a response from the Justice Rajendra-Mal Lodha panel on the appointment of an independent auditor, may not get one by October 25 as the three-member committee is not likely to meet on Monday.
The only reason for the new deal is to give Rs 30,000 crore to industrialist Anil Ambani, the Congress chief alleged.
The CBI on Wednesday directed him to contact the embassy of India in a country where he is staying so that his travel to India can be arranged
'We don't have any agenda in that, there will be no discrimination against anyone. Constitution will be Gita in that'
Slamming the Navy for finalising a deal for MiG 29K naval fighter aircraft without their weapons package, a Comptroller and Auditor General report Thursday said the maritime force has now chosen a missile with an "unsatisfactory track record" in the Indian Air Force.
When the third round of bids was opened, Oaktree's offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with DHFL, Adani was ranked third in the race, reports Dev Chatterjee.
Government auditor CAG also noted in a report that these demands are "unrealisable 100 per cent".
Holding that the Adarsh Housing scam was a classic case of fence eating the crops and 'consistent failure' of Centre and Maharashtra government, the Comptroller and Auditor General on Tuesday said rules were bent to benefit relatives of politicians, public servants and senior service officers including former Army chiefs Gen Deepak Kapoor and N C Vij.
New Companies Bill to propose equal responsibility of auditors, firms.
While higher fuel costs and irrational pricing are key concerns, infusion of funds to retire debt is crucial if Kingfisher Airlines has to improve its financials.
While higher fuel costs and irrational pricing are key concerns, infusion of funds to retire debt is crucial if Kingfisher Airlines has to improve its financials.
Cairn India and UK's BG Group too replied to audit observations.
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