News for 'Auditor General'

IITs too make bad economic decisions: CAG

IITs too make bad economic decisions: CAG

Rediff.com27 Mar 2006

The faculty of the Indian Institutes of Technology may be the most sought by the industry for consultancy work, but instead of getting paid for the job, they sometimes end up spending from their own pockets.

CAG departmental paper leaked, exam cancelled

CAG departmental paper leaked, exam cancelled

Rediff.com2 Jun 2003

The examination was scheduled to start at 1400 IST at 50 centres all over the country.

The many shortcomings of Aadhaar

The many shortcomings of Aadhaar

Rediff.com14 Apr 2022

Aadhaar is falling behind on technology, missing out on confidentiality and has gaps in its data archiving policy and preserving confidentiality in delivery of the cards to people, says a report by the Comptroller and Auditor General of India (CAG). The performance report, 'Functioning Of Unique Identification Authority Of India', tabled in Parliament on the last day of the budget session notes, assigning a unique identity to all resident Indians was supposed to be the key feature of Aadhaar. But "There were instances of issue of Aadhaar with the same biometric data to different residents indicating flaws in the de-duplication process and issue of Aadhaar on faulty biometrics and documents". It says close to half a million such records had to be cancelled by the Unique Identification Authority of India up to 2016.

Former Deputy CAG to look after DDCA tenders for 4th Test

Former Deputy CAG to look after DDCA tenders for 4th Test

Rediff.com21 Nov 2015

The Delhi High Court-appointed observer Justice (Retd) Mukul Mudgal said that a former Deputy Comptroller and Auditor General (CAG) will look after the tender process for the fourth cricket Test between India and South Africa starting next month.

Safety Isn't A High Priority In India

Safety Isn't A High Priority In India

Rediff.com16 Jun 2023

Despite the hope that lessons will be learnt, the next accident invariably shows that nothing has been learnt -- or if learnt, they have been ignored, observes Prosenjit Datta.

Centaur Hotel deal to be probed

Centaur Hotel deal to be probed

Rediff.com18 Aug 2004

Finance Minister P Chidambaram on Wednesday promised to take steps to address "some of the discomforting aspects" relating to the divestment of the Centaur Hotel in Mumbai

Donations by Pakistani expats vanish: Report

Donations by Pakistani expats vanish: Report

Rediff.com15 Jan 2003

The South Asia Tribune said, 'In the midst of the free flow of dollars before the 9/11 attacks, any one and everyone could have used these funds, including the infamous Al-Qaeda...'

Taxman's Rs 500 cr loss is Reliance's gain

Taxman's Rs 500 cr loss is Reliance's gain

Rediff.com15 Jul 2004

RIL, Videocon A/c mistakes cause over Rs 500 cr tax loss: CAG.

CAG pulls up IOC, HPCL, BPCL

CAG pulls up IOC, HPCL, BPCL

Rediff.com15 Jul 2004

Faulty laws helped oil majors – IOC, HPCL and BPCL -- to avoid excise payment of Rs 713 crore (Rs 7.13 billion) to the government during April-December 2002, the Comptroller and Auditor General of India has said.

Panel backs Joshi on IIM fee cut

Panel backs Joshi on IIM fee cut

Rediff.com4 May 2004

The Shunglu committee, which went into the financial needs of the Indian Institutes of Management, is understood to have backed the drastic fee reduction mooted by Human Resources Development Minister Murli Manohar Joshi.

CBI probe into Centaur Hotel sale

CBI probe into Centaur Hotel sale

Rediff.com21 Jul 2005

Virtually conceding the demands of the Left, the government has ordered a CBI probe into the privatisation of two Centaur Hotels in Mumbai in view of the anomalies pointed out by the Comptroller and Auditor General of India in the process.

Dead patients getting treatment under PM-JAY? Health Ministry replies

Dead patients getting treatment under PM-JAY? Health Ministry replies

Rediff.com17 Aug 2023

The reports also claim that the same beneficiary had been found to avail treatment at two hospitals at the same time.

Restoring the CAG's glory

Restoring the CAG's glory

Rediff.com16 May 2005

Advance tax may come under lens

Advance tax may come under lens

Rediff.com16 Dec 2003

Govt accounting needs overhaul: CAG

Govt accounting needs overhaul: CAG

Rediff.com15 Dec 2003

Comptroller and Auditor General of India V N Kaul said on Monday that there was a need to review government accounting system for bringing in transparency

13 coaches of express train derail in Rajasthan, 26 hurt

13 coaches of express train derail in Rajasthan, 26 hurt

Rediff.com2 Jan 2023

The injured, two of them seriously hurt, have been admitted at the Bangad Hospital in Pali, they said, adding the incident led to the disruption of traffic on the route with nearly two dozen trains cancelled or diverted.

CVC report is a secret: Fernandes

CVC report is a secret: Fernandes

Rediff.com9 Aug 2003

The defence minister said it could not be given to the Public Accounts Committee.

Ex-CAG Vinod Rai apologises to Cong leader Sanjay Nirupam

Ex-CAG Vinod Rai apologises to Cong leader Sanjay Nirupam

Rediff.com28 Oct 2021

Nirupam had filed a defamation case against Rai after the former CAG in his book in 2014 made the allegation against him and repeated it in interviews to the media.

YK Sinha appointed as chief info commissioner along with 3 ICs

YK Sinha appointed as chief info commissioner along with 3 ICs

Rediff.com7 Nov 2020

Yashvardhan Kumar Sinha was appointed as the chief information commissioner on Saturday, according to a Rashtrapati Bhavan statement.

CAG raps PSUs over accounting gaffes

CAG raps PSUs over accounting gaffes

Rediff.com24 Apr 2003

The Comptroller and Auditor General has pulled up leading public sector undertakings for glaring lapses in balance sheets, saying assets were overstated by Rs 377.43 crore (Rs 3.77 billion) in four Navratna companies including SAIL.

Inventory assets a weak area for divestment: CAG

Inventory assets a weak area for divestment: CAG

Rediff.com30 Jan 2003

The Comptroller and Auditor General said on Thursday that inventory assets of public sector undertakings had become a "vulnerable" area for divestment as these were not complete and not verified systematically.\n\n\n\n

Edtech company Byju's plans asset sale to pay off $1.2 billion loan

Edtech company Byju's plans asset sale to pay off $1.2 billion loan

Rediff.com12 Sep 2023

Byju's, India's most-valued startup, has decided to put two of its key assets -- Epic and Great Learning -- on the block to generate $800 million-$1 billion in cash, with an aim to meet the edtech firm's various commitments, including repaying the entire $1.2 billion term loan B (TLB) within six months, according to sources. The cash-strapped company has proposed repaying $300 million of the $1.2 billion loan in the next three months, depending on whether the lenders accept Byju's amendment proposal, said the people familiar with the development. "This loan repayment proposal has been submitted to the lenders and conversations are going in the right direction," said a person in the know.

Byju's Spectacular Meltdown

Byju's Spectacular Meltdown

Rediff.com7 Mar 2024

The edtech major promised a learning revolution, offering hope to millions of under-educated youth. Now, those dreams are shattered, observes Devangshu Datta.

Kargil scam: SC notice to govt

Kargil scam: SC notice to govt

Rediff.com25 Oct 2004

The court is hearing a PIL which charges that the country suffered a loss of Rs 2,000 crore because norms and procedures were not followed in procurement of arms and ammunitions.

Rahul should ask the IB to provide proof of claim: Muslim body

Rahul should ask the IB to provide proof of claim: Muslim body

Rediff.com25 Oct 2013

The All India Muslim Majlis-e Mushawarat, the umbrella body of Muslim organisations in the country, on Friday took serious note of Congress Vice President Rahul Gandhi's claim that an intelligence officer had told him that 'people from Pakistan were talking to the relatives of Muslims killed in the August 2013 Muzaffarnagar riots.

CAG pulls up ONGC for poor rig management practices

CAG pulls up ONGC for poor rig management practices

Rediff.com10 Dec 2015

The auditor also raised doubts over the safety procedures.

Byju's EGM gets underway; investors file suit in NCLT

Byju's EGM gets underway; investors file suit in NCLT

Rediff.com23 Feb 2024

An Extraordinary General Meeting (EGM) of Byju's shareholders got underway on Friday to vote on a resolution brought by some investors to ouster founder CEO Byju Raveendran and his family over alleged "mismanagement and failures". Raveendran and his family stayed away from the EGM, calling it "procedurally invalid."

Railways may scrap new dedicated freight corridors, enhance existing ones

Railways may scrap new dedicated freight corridors, enhance existing ones

Rediff.com25 May 2022

This alternative is being planned as the existing projects continue to be delayed due to land acquisition troubles. The ministry is thinking of adding new track lines to its existing eastern and western DFCs passing major areas in the proposed stretches, senior officials said.

CAG sceptical of fiscal deficit target of 2 pc

CAG sceptical of fiscal deficit target of 2 pc

Rediff.com24 Apr 2003

A whopping 29 per cent growth in the Centre's fiscal deficit to Rs 1,55,833 crore (Rs 1558.33 billion) or 6.8 per cent of GDP in 2001-02 has made the Comptroller and Auditor General sceptical of the long term target of two per cent by 2006.

CBI told to use director identification number in notices to bankers

CBI told to use director identification number in notices to bankers

Rediff.com29 Dec 2019

This, said Sitharaman, would remove the possibility of unauthorised communication "and consequent harassment", which was a cause of concern for bankers.

With Elections Near, Debate On Freebies Rages

With Elections Near, Debate On Freebies Rages

Rediff.com19 Sep 2023

Populism gains momentum during election periods, and this trend is evident in at least four states: Telangana, Rajasthan, Madhya Pradesh and Chhattisgarh.

HC asks CAG to probe Mumbai-Pune expressway toll collection

HC asks CAG to probe Mumbai-Pune expressway toll collection

Rediff.com18 Mar 2021

The Bombay high court on Thursday directed the Comptroller and Auditor General of India (CAG) to look into allegations of irregularities in toll collection on the Mumbai-Pune Expressway.

Three-judge bench to hear pleas against pre-poll freebies 'in entirety': SC

Three-judge bench to hear pleas against pre-poll freebies 'in entirety': SC

Rediff.com1 Nov 2022

A bench comprising Chief Justice Uday Umesh Lalit and Justice Bela M Trivedi said it was sitting in a combination of two and according to a reference order on the matter, it should go before a bench of three judges for disposal.

Rail tragedy: Cong alleges govt ignored CAG warning

Rail tragedy: Cong alleges govt ignored CAG warning

Rediff.com4 Jun 2023

The Opposition party asked whether the prime minister will take responsibility for the 'deadliest rail tragedy' of this century.

CAG pulls up govt for IGST mess

CAG pulls up govt for IGST mess

Rediff.com29 Nov 2021

The CAG has pulled up the union government for adopting an erroneous process of devolution of IGST to states and short-transfer of cesses to reserve funds, which resulted in under-reporting of deficit figures for the 2017-18 and 2018-19 fiscals. The Integrated Goods and Services Tax (IGST), which is levied on inter-state sale of goods and services, is shared between the Centre and states in the 50:50 ratio. In its report on the union government accounts tabled in Parliament, the Comptroller and Auditor General of India (CAG) found that a sum of Rs 13,944 crore was left unapportioned and retained in the Consolidated Fund of India (CFI) in 2018-19, even though the amended IGST Act now provides for a process for ad-hoc apportionment of IGST.