News for 'Auditor General of India'

India to auction 56 oil and gas blocks on revamped terms

India to auction 56 oil and gas blocks on revamped terms

Rediff.com6 Jan 2014

The terms are the same as those suggested by a panel headed by Prime Minister's Economic Advisory Council Chairman C Rangarajan for awarding future oil and gas block contracts.

India's elusive toilets goal

India's elusive toilets goal

Rediff.com22 Dec 2015

An NSSO survey has revealed that some are using the new toilets as store rooms.

CAG audits: Another pair of eyes won't hurt companies

CAG audits: Another pair of eyes won't hurt companies

Rediff.com28 May 2014

Instead of only government departments and state-owned undertakings, the CAG can now audit private companies, too.

Panna-Mukta basin: SC okays RIL's plea for London arbitration

Panna-Mukta basin: SC okays RIL's plea for London arbitration

Rediff.com28 May 2014

The apex court sets aside Delhi HC order on the oilfield.

CAG report on Rafale deal cited by SC not tabled before PAC, claims Rahul

CAG report on Rafale deal cited by SC not tabled before PAC, claims Rahul

Rediff.com14 Dec 2018

Gandhi claimed that if a JPC probe was conducted, names of PM Modi and businessman Anil Ambani will come to the fore.

It's time to end Coal India's monopoly

It's time to end Coal India's monopoly

Rediff.com12 Dec 2013

The Competition Commission of India (CCI) is to be congratulated for imposing a large fine, of nearly Rs 1,800 crore (Rs 18 billion), on Coal India Ltd for alleged abuse of its monopolistic position.

Mukesh Ambani pitches for subsidised smatphones

Mukesh Ambani pitches for subsidised smatphones

Rediff.com8 Dec 2021

Billionaire Mukesh Ambani on Wednesday pitched for using the USO Fund to subsidise smartphones for select groups to help penetrate the digital revolution and said India should make the rollout of 5G or the fifth-generation technology standard for broadband cellular networks a national priority. As much as 5 per cent of the licence fee paid by telecom operators goes to the Universal Service Obligation (USO) Fund, which was set up in April 2002 for achieving universal service objectives by providing access to telephone services in rural and remote areas and creation of infrastructure for mobile services and broadband in these areas. However, according to the CAG, less than half of the funds so collected are transferred for the said purpose.

Why dissent will become more difficult in India

Why dissent will become more difficult in India

Rediff.com4 Apr 2016

'These trends put at risk not only minorities or the media or some other out-of-favour group, they can and do concern everyone,' warns T N Ninan.

CAG can audit accounts of telecom firms: Supreme Court

CAG can audit accounts of telecom firms: Supreme Court

Rediff.com17 Apr 2014

A bench comprising justices K S Radhakrishnan and Vikramajit Sen said CAG can carry out the audit to examine whether the companies are giving proper share of their revenue to the government.

Why Nitish-Tejashwi Sacked 81 Doctors

Why Nitish-Tejashwi Sacked 81 Doctors

Rediff.com27 Jan 2023

Some doctors were absent from duty for 20 years, others for 15, some for 12. About 64 doctors remained absent from duty for more than five years.

EPFO to roll out universal A/C nos, calls for clean up act

EPFO to roll out universal A/C nos, calls for clean up act

Rediff.com26 Feb 2014

Employees Provident Fund Organisation is likely to issue permanent account numbers to employees.

Here's how damned our fight against cyber fraud is

Here's how damned our fight against cyber fraud is

Rediff.com27 Nov 2016

Government auditor CAG has expressed concern over the post of chairperson of Cyber Appellate Tribunal lying vacant for about five years, saying this has led to not a single case being heard or disposed of despite pending appeals.

Congress protests in Lok Sabha over electoral bonds

Congress protests in Lok Sabha over electoral bonds

Rediff.com21 Nov 2019

"This is a big scam. The country is being looted. Please allow us to speak," Congress leader in Lok Sabha Adhir Ranjan Chowdhury said.

CAG to audit fallout of demonetisation

CAG to audit fallout of demonetisation

Rediff.com26 Mar 2017

The CAG audit may look into expenditure on printing of notes, RBI dividend payout and banking transaction data.

Cong questions delay in FIR against ABG Shipyard in duping 28 banks

Cong questions delay in FIR against ABG Shipyard in duping 28 banks

Rediff.com13 Feb 2022

The opposition party questioned why the government took five years after the liquidation proceedings of ABG Shipyard to lodge an FIR in connection with the alleged duping of 28 banks.

Rajnath unveils new Defence Acquisition Procedure

Rajnath unveils new Defence Acquisition Procedure

Rediff.com28 Sep 2020

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.

'Congress using GSPC issue to deflect attention from Agusta'

'Congress using GSPC issue to deflect attention from Agusta'

Rediff.com9 May 2016

Saurabh Patel, energy minister, Gujarat, who has handled the energy portfolio since 2002, speaks to Archis Mohan on GPSC's investment in the KG basin and says the criticism is politically motivated.

Hoping to implement GST from July 1, says Jaitley

Hoping to implement GST from July 1, says Jaitley

Rediff.com22 Mar 2017

'GST will increase the volume of taxation, there is no tax on tax and therefore makes goods, commodities and services little cheaper and far more convenient.'

MHA issues fresh guidelines on lockdown exemption

MHA issues fresh guidelines on lockdown exemption

Rediff.com25 Mar 2020

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.

Why PSU Banks Should Be Held Accountable

Why PSU Banks Should Be Held Accountable

Rediff.com8 Nov 2023

If they are made accountable, bad loan cases will shrink dramatically, recoveries will rise, and the NCLT process will be more manageable, asserts Debashis Basu.

Modi's big opportunity in Bihar

Modi's big opportunity in Bihar

Rediff.com21 Nov 2020

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.

RIL's KG-D6 spend exceeds approved limit: CAG audit

RIL's KG-D6 spend exceeds approved limit: CAG audit

Rediff.com3 Feb 2014

The govt auditor also indicts DGH and management committee of D1 and D3 fields

Free LPG reaches only 50% beneficiaries, shows govt data

Free LPG reaches only 50% beneficiaries, shows govt data

Rediff.com10 Jul 2020

Given that the target was to reach 80.34 million families under PMUY - within three months starting April 1 - the government should have distributed at least 241.02 million cylinders by the end of June. It actually ended up distributing only 119.7 million cylinders.

Former CAG says Manmohan Singh can't shirk responsibility in 2G scam

Former CAG says Manmohan Singh can't shirk responsibility in 2G scam

Rediff.com12 Sep 2014

Former Comptroller Auditor General Vinod Rai has come out with a stinging criticism of former Prime Minister Manmohan Singh saying integrity is not just financial but intellectual and professional too and claimed that Congress leaders had sought to apply pressure on him to keep the PM's name out of audit reports.

All you need to know about new CJI Justice Bobde

All you need to know about new CJI Justice Bobde

Rediff.com29 Oct 2019

Hailing from a family of lawyers from Maharashtra, he was part of a nine-judge Bench of the Supreme Court which in August 2017 declared the right to privacy as a fundamental right of an individual.

Tejas Mark II to roll out next year: HAL chief

Tejas Mark II to roll out next year: HAL chief

Rediff.com31 Jan 2021

With increase in range and payload capability, Madhavan said the new variant will be much superior than Tejas Mark-IA, 73 of which are being procured by the Indian Air Force from the HAL under a Rs 48,000 crore deal that was approved by the government on January 13.

Why it's time India's state banks opt for mega mergers

Why it's time India's state banks opt for mega mergers

Rediff.com24 May 2016

Mergers to create at most six state banks

BCCI to consider player demands for increased pay

BCCI to consider player demands for increased pay

Rediff.com6 Apr 2017

The Indian board (BCCI) will consider a further increase in salaries for its contracted players after leading cricketers expressed dissatisfaction with the pay raise announced last month.

'Our partnership with BharatPe is firm and good'

'Our partnership with BharatPe is firm and good'

Rediff.com8 Feb 2022

'Banking is a business of trust.'

CAG audit of GST reveals systemic flaws, not just glitches

CAG audit of GST reveals systemic flaws, not just glitches

Rediff.com28 Aug 2019

The CAG audit and other data suggests it could be far from the efficient new alternative that was once conceptualised. A conclusive review remains elusive till the government begins to release more granular and comparable data on the complex backend of GST to a deeper scrutiny, by researchers, auditors and the public.

SC, EC must take cognisance of Khurshid's remarks: BJP

SC, EC must take cognisance of Khurshid's remarks: BJP

Rediff.com14 Mar 2014

The Bharatiya Janata Party on Friday termed as "very dangerous" External Affairs Minister Salman Khurshid's comments questioning the role of the Supreme Court and Election Commission and said the two institutions must take suo motu cognisance of it.

'Will come to decision on UK biz in 12 to 24 months'

'Will come to decision on UK biz in 12 to 24 months'

Rediff.com16 May 2023

'It's an open secret that the UK business is structurally not in a great place.'

Govt gets 5.59 lakh public grievances so far this yr

Govt gets 5.59 lakh public grievances so far this yr

Rediff.com12 Jul 2022

The Centre received 5.59 lakh public grievances against various government departments in the first half of this year, with the Department of Financial Services (DFS) getting most of such complaints, according to an official report.

RIL agrees for CAG audit on KG-D6

RIL agrees for CAG audit on KG-D6

Rediff.com20 Nov 2014

CAG, in the third round of audit of KG-D6 as well as three other oil and gas fields, on November 11 wrote to RIL seeking records to audit spending in 2012-13.

Naidu meets Mamata, announces postponement of Opposition conclave

Naidu meets Mamata, announces postponement of Opposition conclave

Rediff.com19 Nov 2018

Flanked by the Trinamool Congress chief, Naidu attacked the National Democratic Alliance government at the Centre alleging that institutions like the Central Bureau of Investigation, Enforcement Directorate, Income Tax department, Reserve Bank of India and Comptroller Auditor General are under "severe pressure".

TMC moves Prez to remove Dhankhar from governor's post

TMC moves Prez to remove Dhankhar from governor's post

Rediff.com30 Dec 2020

The Bharatiya Janata Party, however, said the governor is acting within his constitutional parameters while the "TMC is scared".

Dynastic corruption growing challenge: PM Modi

Dynastic corruption growing challenge: PM Modi

Rediff.com27 Oct 2020

If suitable action is not taken in corruption cases, it becomes normalised in society, the prime minister said. When a generation sees that a corrupt person in the family is let off without or very little punishment, their courage to indulge in corrupt activities grows manifolds, he said.

Centre to compensate states every quarter for GST revenue loss

Centre to compensate states every quarter for GST revenue loss

Rediff.com26 Nov 2016

The compensation would be met through levy of a cess called 'GST Compensation Cess' on luxury items and sin goods like tobacco, for the first five years.

Telecom sector might be back in trouble

Telecom sector might be back in trouble

Rediff.com14 Jan 2014

Reports by CAG earlier on the 2008 telecom licence scam had resulted in the cancellation of 122 licences.

When Politics Scuttles Economic Reforms

When Politics Scuttles Economic Reforms

Rediff.com14 Mar 2022

People like Manmohan Singh and P Chidambaram, who as finance minister had fully supported the NPS, refuse to exercise their moral and political influence to try and stop Ashok Gehlot and others hell-bent on wrecking the states' finances, notes Virendra Kapoor.