News for 'Auditor-General of India'

Why CAG feels Chhattisgarh can't fight Naxals

Why CAG feels Chhattisgarh can't fight Naxals

Rediff.com30 Mar 2010

The police department had 49,143 units of weapons, of which 11,232 or about 23 per cent, were obsolete, the CAG report for the year ended March 31, 2009 said. There was also shortage of weapons as per Bureau of Police Research and Development (BPRD) norms.

CAG examining Rafale deal: Centre

CAG examining Rafale deal: Centre

Rediff.com18 Jul 2018

The minister also said that four cases of corruption in defence deals have been registered by the CBI since 2015.

Why Modi leaves difficult issues alone

Why Modi leaves difficult issues alone

Rediff.com4 Sep 2020

When he speaks of them, it is either in denial or to highlight successes that are only part of a larger story that is worrisome in its totality, observes T N Ninan.

Rs 50,000 crore missing from govt coffers: Modi

Rs 50,000 crore missing from govt coffers: Modi

Rediff.com16 Mar 2009

Gujarat Chief Minister Narendra Modi on Sunday night alleged that a report by the Comptroller and Auditor General of India had found that Rs 50,000 crore was unaccounted for and 'missing from the central government's coffers'."The country wants to know from Prime Minster Manmohan Singh about this money that has simply vanished," Modi said. Training guns on Dr Singh, Modi said the country should know whether the huge sum of "missing money was being used for the elections."

ADAG seeks revalidation of RIL gas field costs

ADAG seeks revalidation of RIL gas field costs

Rediff.com26 Aug 2009

This follows a letter by RIL to the ministry, justifying the increase in capex.

WHO auditor raps Satyam for slow work

WHO auditor raps Satyam for slow work

Rediff.com5 Feb 2009

Acting as external auditor to World Health Organisation, CAG flagged a number of risks associated with the execution of the Global Management System project, where Satyam happens to be the key contractor. The $55.5 million project was initially targeted to go live in September 2007, but was given its first extension until December 2007, then a second until March 2008 and a third until June 2008, the auditor said.

CAG raps Centre for Gorshkov cost escalation

CAG raps Centre for Gorshkov cost escalation

Rediff.com24 Jul 2009

The Comptroller and Auditor General report for 2008, released in New Delhi, also questioned the prudence of the Ministry in buying the second-hand Russian warship, which now comes at 'half its life-span and about "60 per cent more expensive' than a new aircraft carrier.

Tribal students get books but no teachers: CAG

Tribal students get books but no teachers: CAG

Rediff.com13 Jul 2009

Tribal students in Jharkhand, who were given textbooks free of cost, could not use them as there were no "qualified teachers" to teach tribal languages, a Comptroller and Auditor General of India's report has said. The government in 2003 decided to introduce tribal languages for class I to V, it said.

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.

Why one of India's lethal submarines lay in a yard for a decade

Why one of India's lethal submarines lay in a yard for a decade

Rediff.com9 Dec 2015

Government auditor, the Comptroller and Auditor General has slammed the Navy, defence ministry and a state-run shipyard for the protracted delay in carrying out refit of submarine INS Sindhukirti because of which the force was unable to operate one of their lethal platforms since June 2004.

'PSU bids waiver to Satyam?  Panel's nod needed'

'PSU bids waiver to Satyam? Panel's nod needed'

Rediff.com26 May 2009

Earlier this month, the corporate affairs ministry had written to various ministries including telecom, railways and steel seeking directions for public sector units under their administrative control for exempting Satyam from submitting audited balance sheets while bidding for projects of the state-owned firms.

Only 40% farmers aware of relief packages: CAG

Only 40% farmers aware of relief packages: CAG

Rediff.com25 Apr 2008

Altogether 41,663 farmers in 383 villages in Washim, Yavatmal, Amravati and Buldhana districts of Vidarbha region were covered in the sample survey. Those reporting land holding in range of two to six hectares were 40 per cent and around six per cent reported land holding of more than six hectares, CAG said. Only eight per cent farmers confirmed visit of any government official in 2006, the report said.

Banks Board Bureau cracks the whip on errant promoters

Banks Board Bureau cracks the whip on errant promoters

Rediff.com3 Aug 2016

In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.

Personally monitoring quality of food served to Army: Parrikar

Personally monitoring quality of food served to Army: Parrikar

Rediff.com12 Jan 2017

The Comptroller and Auditor General in 2012-13 had made certain observation in a report and 'we are improving it', he said.

RIL open to CAG audit on gas field expenditure

RIL open to CAG audit on gas field expenditure

Rediff.com18 Aug 2009

Reliance Industries has written to the government that it has no objection to the Comptroller and Auditor General of India auditing its gas field costs and said it is operating the field in compliance with rules.

Navy chief defends Gorshkov deal

Navy chief defends Gorshkov deal

Rediff.com30 Jul 2009

With the Comptroller and Auditor General slamming the government for buying the second-hand Admiral Gorshkov at the price of a new aircraft carrier, Navy Chief Admiral Sureesh Mehta on Thursday defended the price being paid by India for the warship.

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.

India's homoeopathic state of mind

India's homoeopathic state of mind

Rediff.com11 Oct 2017

A homoeopathic state of mind pervades our thinking in governance and infrastructure-building. Do it in small, harmless doses, but nothing bitter, sharp, or bloody, says Shekhar Gupta.

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.

NTPC overstated profit by Rs 938 cr

NTPC overstated profit by Rs 938 cr

Rediff.com9 Jul 2009

State-run power firm NTPC overstated its profits by Rs 938 crore (R 9.38 billion) in 2007-08, the Comptroller and Auditor General of India said in a report, but categorically stated that chances of Satyam like frauds in PSUs are very remote.

What Every Indian Must Know About PM-CARES

What Every Indian Must Know About PM-CARES

Rediff.com5 Oct 2021

Rediff.com's Syed Firdaus Ashraf traces the journey of PM-CARES from its founding to finally admitting it is not a government fund.

Govt flayed for unrealistic expenditure estimates

Govt flayed for unrealistic expenditure estimates

Rediff.com23 Dec 2015

Supplementary provisions exceeded the original provision by as much as 239,900 per cent in 2014-15.

N-waste disposal: 9-year-delay unacceptable:CAG

N-waste disposal: 9-year-delay unacceptable:CAG

Rediff.com29 Mar 2006

Dismissing DAE's reply that most of the items were working satisfactorily, CAG said the department should have analysed all the aspects before ordering for the equipment.

Vinod Rai assumes charge as CAG

Vinod Rai assumes charge as CAG

Rediff.com7 Jan 2008

Vinod Rai, a 1972 batch IAS officer of Kerala cadre, took oath on Monday as the country's new Comptroller and Auditor General of India. Rai, who replaced V N Kaul, was administered the oath of office by President Pratibha Patil at a brief function at Rashtrapati Bhawan. Vice President Hamid Ansari, Prime Minister Manmohan Singh and Finance Minister P Chidambaram were among the dignitaries present at the ceremony.

Infrastructure firms under CAG lens for audit

Infrastructure firms under CAG lens for audit

Rediff.com1 Jun 2007

The Comptroller and Auditor General of India plans to focus on infrastructure companies and banks for special audit during the current financial year.

Is India ready for war? No, not really

Is India ready for war? No, not really

Rediff.com16 Aug 2017

'Even though an India-China military conflict scenario seems unlikely, its possibility gets enhanced if our capabilities are seen to be inadequate by the adversary,' warns Vice Admiral Premvir Das (retd).

How India can run its PSUs profitably

How India can run its PSUs profitably

Rediff.com31 May 2016

A better system of operating central and state PSEs, and indeed all commercial activities of the government, would require eliminating the current system that oversees them.

All systems go for Russian Kamov 226T helicopter production in India

All systems go for Russian Kamov 226T helicopter production in India

Rediff.com29 Dec 2015

Russia's Rostech State Corporation has tied up with Hindustan Aeronautics Limited for manufacture of at least 200 Kamov 226T light helicopters to replace the ageing fleet of Cheetah and Chetak, in a deal estimated to be worth $1 billion under 'Make in India' initiative.

CBEC lays down time limits for clearances

CBEC lays down time limits for clearances

Rediff.com15 Jan 2007

The Central Board of Excise and Customs has decided to prescribe time limits for various activities following representations from the trade and recommendations from the Comptroller and Auditor General of India

CAG finds accounts clean in supplementary audit: MCX-SX

CAG finds accounts clean in supplementary audit: MCX-SX

Rediff.com25 Aug 2014

The company's accounts were audited by CAG as its shareholders include public sector banks.

I will look into ID card issue: PM

I will look into ID card issue: PM

Rediff.com7 Jan 2008

With the photo-identity card issue in the capital kicking up a major controversy, Prime Minister Manmohan Singh on Monday said that if there are any practical problems, these will be resolved. "I do not want to go into the motives. If there are any practical problems, we will resolve them," he told reporters on the sidelines of a function where the new Comptroller and Auditor General of India was sworn-in at the Rashtrapati Bhawan.

Bureaucrats lack accountability, laments CAG

Bureaucrats lack accountability, laments CAG

Rediff.com8 Jun 2007

The CAG, who blamed what he called a lack of accountability in bureaucracy for delays in action on audit reports, said officials who sit over them should be punished.

Vinod Rai to be new CAG

Vinod Rai to be new CAG

Rediff.com17 Dec 2007

His appointment will be effective from the date he assumes charge of his office, an official statement said on Monday. An Indian Administrative Service officer of Kerala cadre, 1972 batch, Rai will take over from V N Kaul.

CAG report blasts NDA on PSU privatisation

CAG report blasts NDA on PSU privatisation

Rediff.com25 Aug 2006

The Comptroller and Auditor General of India on Friday criticised the previous National Democratic Alliance government for undervaluation of a number of public sector units, including Balco and VSNL, where equity was divested.\n\n

CAG seeks auditing of regulators like RBI

CAG seeks auditing of regulators like RBI

Rediff.com2 Jul 2016

National auditor says a significant part of NPAs was due to fraud and may never be recovered

Budget hikes food subsidy, but cuts it for fertilisers

Budget hikes food subsidy, but cuts it for fertilisers

Rediff.com2 Feb 2020

Finance Minister Nirmala Sitharaman has brought down the budgetary allocation for the fertiliser subsidy for FY21 to Rs 71,309 crore, from the RE of Rs 79,998 crore for FY20, while increasing food subsidy to FCI through "ways and means advance" to Rs 50,000 crore for FY21, from Rs 36,000 crore in RE for FY20, and under the National Food Security Act (NFSA) to Rs 77,982 crore, from Rs 75,000 crore.

GST cess: FinMin refutes CAG charges

GST cess: FinMin refutes CAG charges

Rediff.com26 Sep 2020

Finance ministry sources have countered CAG audit finding of central government wrongly retaining Rs 47,272 crore of GST compensation cess meant for states, saying temporary retention cannot be termed as diversion.

How GSAT-15 will help India's communications

How GSAT-15 will help India's communications

Rediff.com13 Nov 2015

The 'context' of the launch of GSAT-15 highlights that India has much ground to cover in the transponder arena while in satellite navigation arena ISRO's progress has been satisfactory, says Ajey Lele.

Dassault CEO says no scandal in Rafale deal, defends Reliance role

Dassault CEO says no scandal in Rafale deal, defends Reliance role

Rediff.com20 Feb 2019

We are going to deliver 36 aircraft. If the government of India wants more aircraft, we will be pleased to deliver, he said.