CAG says Rs 43,270.01 cr was spent by the water resources department on 426 incomplete projects.
Senior Bharatiya Janata Party leader Murli Manohar Joshi on Saturday charged the Centre with attacking constitutional institutions working in the interest of the people and said it was harmful for the nation.
Observing that the "CAG is not a munim (accountant)" the Supreme Court on Monday dismissed a plea challenging the Comptroller and Auditor General's power to conduct performance audit of controversial allocation of coal blocks by the UPA government.
Chief Justice of India S H Kapadia on Saturday said loss is a matter of fact and profit and gain is a matter of opinion, remarks that came against the backdrop of raging controversies over valuation of natural resources.
One fallout of Rahul Gandhi's disqualification will be reflected in the Opposition's role in Parliament and related institutions.
The Comptroller and Auditor General, which had at the end of its first sitting with RIL in January suspended the audit of spending on the flagging KG-D6 block following differences with RIL over scope and extent of the scrutiny, is likely to resume it next two weeks.
Lawyer Prashant Bhushan is likely to approach the Supreme Court next week to seek cancellation of the controversial allocation of coal blocks and an independent probe on the lines of the 2G spectrum allocation case he had filed. Bhushan said he is collecting documents regarding the coal block allocation, which the Comptroller and Auditor General has found fault with, and preparing a detailed complaint.
Cancellation of 2G licenses by the Supreme Court clearly revealed a big scam and it was a "collective failure" of the government which "overlooked" warnings given by the Comptroller and Auditor General and the Central Vigilance Commissioner on the issue, Janata Party chief Subramanian Swamy said on Thursday. "Everyone had warned, including the CAG and the CVC, but the government overlooked it," Swamy said soon after the Supreme Court cancelled the 122 spectrum licenses.
The Comptroller and Auditor General on Tuesday declined to join a public debate on the controversies over its findings on the coal blocks allocation, which have come under attack from Prime Minister Manmohan Singh, the Congress and critics.
Delhi airport has been losing money for the past six years because of the heavy interest burden on loans.
The United Progressive Alliance government in its robust defence has rubbished Comptroller and Auditor General's charges against the allotment of coal mines and its estimate of losses to the exchequer.
Even as the Bharatiya Janata Party paralyses Parliament on the allocation of coal blocks by the Centre, its own government in Chhattisgarh had come under attack from Comptroller and Auditor General for allocating coal blocks at 'abnormally low' rates that led to a loss of over Rs 1,052 crore.
The United Progressive Alliance is expected to put up a united face on Wednesday to counter opposition demand for resignation of Prime Minister Manmohan Singh over the Comptroller and Auditor General reports on coal block allocation and two other issues.
The Bharatiya Janata Partuy on Monday decided to aggressively demand the resignation of Prime Minister Manmohan Singh over the Comptroller and Auditor General report on the allocation of coal blocks and stall both Houses of Parliament on the issue on Tuesday.
Amid the storm over alleged kickbacks in the AgustaWestland VVIP chopper deal, Comptroller and Auditor General Vinod Rai on Friday said an audit of the controversial deal is under progress and a report would be released soon.
The Shunglu Committee has faulted the sacked chief of Commonwealth Games organising body Suresh Kalmadi and his aides over award of contracts saying there was "extreme concentration of powers at the top" and "conflict of interest" among the organising committee officials.
Artificial scarcity and lack of clarity on available bandwidth blamed for scam.
In an interview with CNN-IBN's National Bureau Chief Bhupendra Choubey, Public Accounts Committee Chairman Murali Manohar Joshi talks about the probe into the 2G spectrum scam and the government's flip flop on Comptroller and Auditor General report. Following is the transcript of the interview
India has been elected to the newly established Independent Audit Advisory Committee, a five-member body which is expected to contribute to improving the accountability of the UN Secretariat to the member states.
With Prime Minister Manmohan Singh declaring that he will quit public life if corruption allegations are proved against him, Team Anna on Wednesday demanded an independent probe into the charges, saying they will be most happy if these are proved wrong.
The company had initially objected to audit by CAG for time barred years as per Production Sharing Contract and had not accepted the 'exceptional circumstances' advanced by the ministry
Vicky Nanjappa accessed the CAG report on illegal mining in Karnataka and finds out that the in the face of losses worth thousands of crores, the state administration had only been able to recover just Rs 7.22 crore
The Bharatiya Janata Party on Tuesday cornered the government for 'defending' Chief Vigilance Commissioner P J Thomas in the Supreme Court, asking Prime Minister Manmohan Singh and Congress President Sonia Gandhi as to what was the 'compulsion' to defend the 'tainted' official and attack the upright comptroller and auditor general.
The government on Friday asked the Comptroller and Auditor General (CAG) to suggest ways to curb its rising subsidy bill on food, fertiliser and petroleum products without hurting the targetted population.
Against the backdrop of claims made by a former Comptroller and Auditor General official on its report on 2G spectrum, the government on Monday favoured a discussion in the Lok Sabha on the "serious" matter.
Former Comptroller and Auditor General official R P Singh, who has stirred a controversy, has rejected the allegations that the Congress has put him up to defend the government on the audit report on 2G spectrum allocation which had estimated the presumptive loss of Rs 1.76 lakh crore.
Amid allegations and counter-allegations over the Comptroller and Auditor General's figure of presumptive losses in 2G allocation, Union Information and Broadcasting Minister Manish Tewari on Saturday demanded that the CAG explain the issue to clear the air over the matter.
Rural Development Minister Jairam Ramesh has sent a missive to the Comptroller and Auditor General, expressing concern over delayed audit reports adversely affecting the flagship National Rural Drinking Water Programme. In a personal letter to CAG Vinod Rai, he has drawn attention to the ministry not being able to release funds to the states as they are not submitting audits of accounts of grants-in-aid along with the utilisation certificates.
After attacking the Comptroller and Auditor General, Union Minister of State in PMO V Narayanasamy Sunday demanded an apology from Bharatiya Janata Party for "misleading" the people that the 2G spectrum allocation in 2008 had resulted in a loss of Rs 1.76 lakh crore to the exchequer.
L&T has denied the charge and said the delay was entirely due to a dispute between Cidco and the railways.
Sandeep Dikshit, Congress Member of Parliament and Chief Minister Sheila Dikshit's son, on Tuesday attributed his party's defeat in the Delhi civic polls to a disconnect between the party and the people. He also claimed that an environment was created by reports of the Comptroller and Auditor General and the anti-corruption movement led by Anna Hazare that made people believe the Congress was at the "centre of all the wrong" that was happening.
The Institute of Company Secretaries of India (ICSI) has pulled up the company secretaries of two telecom companies whose names have been mentioned in the Comptroller and Auditor General's (CAG's) report on the controversial allotment of airwaves. The two officials named in the report are Hari Nair, representing Swan Telecom, and Vidyadhar Chakradeo, the company secretary of Loop Telecom.
Reacting to Comptroller and Auditor General reports on defence preparedness, the Bharatiya Janata Party on Friday said that the army has been given World War II vintage "toy-guns" to fight nuclear powers, an issue the government is "diverting" attention from by raising the differences between the Army chief and the defence minister.
Reliance Industries on Saturday said it had never contested the government's right to get the company's spending on KG-D6 gas fields audited by the Comptroller and Auditor General but hoped it will not be subjected to a performance audit."RIL has at no time contested the government's right to conduct an audit by any agency, including the CAG, as provided in Section 1.9 of the Accounting Procedure of the PSC," the company said in a statement on Saturday evening.
The auditor said that it has unfettered right of access to all records of Reliance Industries (RIL) during its audit of operations in the Krishna-Godavari basin and would override any conditions sought to be imposed on the process.
Something can be done, provided we are willing to tackle the problem at its source rather than deal only with outrageous cases of corruption that are brought to the surface by the media, says Bimal Jalan.
The Comptroller and Auditor General of India had called an Entry Conference with RIL and the Oil Ministry on Wednesday to begin its second round of audit that is to cover RIL's spending on KG-D6 gas fields during 2008-09 to 2011-12.
Bharatiya Janata Party on Monday sharpened its attack against Sports Minister Ajay Maken for allegedly misleading the Lok Sabha on appointment of Suresh Kalmadi as Commonwealth Games organising Committee head, saying the Comptroller and Auditor General report makes it clear that prime minister's office responsible for it.
Defending Delhi Chief Minister Sheila Dikshit over her indictment in the recently published report of Comptroller and Auditor General of India on irregularities observed in Commonwealth Games, senior Congress leader Digvijaya Singh has said the party has decided not to take any action against her.
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