News for 'CAG Audit'

Diseases, chemical accidents are not reported: CAG

Diseases, chemical accidents are not reported: CAG

Rediff.com24 Apr 2013

Government auditor, the Comptroller and Auditor General has found that not all disease outbreaks and chemical accidents taking place in different parts of the country are reported to Central authorities which could effect the response to epidemics.

CAG official says 2G scam loss only Rs 2,645 crore

CAG official says 2G scam loss only Rs 2,645 crore

Rediff.com14 Nov 2011

Former top CAG official R P Singh on Monday appeared before the Joint Parliamentary Committee looking into the 2G spectrum scam and is understood to have stuck to his stand that the presumptive loss in the radiowave allocation was only Rs 2,645 crore (Rs 26.45 billion).

CAG not adversary to govt, says Chidambaram

CAG not adversary to govt, says Chidambaram

Rediff.com9 Oct 2012

Finance Minister P Chidambaram on Tuesday said he intends to work with CAG to erase the impression of adversaries in an attempt to restore trust and confidence in all institutions.

Govt to work with CAG, says Chidambaram

Govt to work with CAG, says Chidambaram

Rediff.com9 Oct 2012

Addressing a Comptroller and Auditor conference in New Delhi, Chidambaram said the official auditor and the government have been cast as adversaries to each other in the aftermath of recent audit findings.

CAG report to improve job scheme results: Govt

CAG report to improve job scheme results: Govt

Rediff.com19 Jan 2008

The recent draft report of the Comptroller and Auditor General (CAG) which pointed to misuse and non-utilisation of funds for the National Rural Employment Guarantee (NREG) scheme doesn't mean the programme is a write-off. The audit will act as a deterrent and spur state governments to work more efficiently, Rural Development Minister Raghuvansh Prasad Singh has said.

Don't become sick again: CAG warns RINL

Don't become sick again: CAG warns RINL

Rediff.com7 May 2015

RINL wiped out its losses in 2005-06 with money from the government.

RIL contests CAG's observations on KG-D6

RIL contests CAG's observations on KG-D6

Rediff.com23 Nov 2014

While government/PSU procedures focus on piece meal & individual tenders taken on standalone basis, avoiding delays and cost of not doing things becomes a primary consideration in PSC procurement

All about the coal and the CAG

All about the coal and the CAG

Rediff.com26 Sep 2012

Corrective action on the coal scam must not be such as to impose further obstructions to production of coal from the blocks allotted.

AAP keeps promise #2: Cuts electricity prices by 50 per cent

AAP keeps promise #2: Cuts electricity prices by 50 per cent

Rediff.com31 Dec 2013

Delivering on yet another poll promise, the Aam Aadmi government on Tuesday announced a 50 per cent subsidy on power consumption upto 400 units in Delhi and was well on course to ordering a CAG audit into the finances of three private power distribution companies.

CAG brushes aside terms set by RIL

CAG brushes aside terms set by RIL

Rediff.com2 Nov 2012

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.

CAG finds Rs 1,846 cr irregularities in PSUs

CAG finds Rs 1,846 cr irregularities in PSUs

Rediff.com4 Aug 2009

Replying to questions in Rajya Sabha, he said CAG in its audit observations has pointed out financial irregularities of Rs 1404.32 crore (Rs 14.04 billion) in its 2008 report and Rs 4547.63 crore (Rs 45.47 billion) in the 2007 report. Deshmukh said CAG has also pointed out reasons for deficiencies in the accounts of PSUs.

Expert panel wants CAG to pre-audit defence deals

Expert panel wants CAG to pre-audit defence deals

Rediff.com24 Jul 2015

An expert committee has recommended to Defence Minister Manohar Parrikar that supply of equipment need not be blocked even if bribery charges emerge.

Gujarat govt inflated revenue surplus figure: CAG

Gujarat govt inflated revenue surplus figure: CAG

Rediff.com3 Apr 2015

The BJP government in the state violated the Indian Government Accounting Standard.

Private telcos not providing account books: CAG

Private telcos not providing account books: CAG

Rediff.com9 Apr 2010

Apex auditor CAG on Friday lamented that private telecom operators are not providing their account books to it, despite a request from the government.

CAG criticises army for 'unauthorised' utilisation of choppers

CAG criticises army for 'unauthorised' utilisation of choppers

Rediff.com18 Dec 2015

The Comptroller and Auditor General of India has criticised the army for "unauthorised" utilisation of helicopters of the aviation corps including sorties undertaken on Saturday, Sunday and holidays which cost the exchequer nearly Rs three crore extra as unauthorised expenditure.

CAG red-flags $1.6 bn excess cost recovery by RIL

CAG red-flags $1.6 bn excess cost recovery by RIL

Rediff.com2 Aug 2016

CAG had in its previous reports slammed Oil Ministry and its technical arm DGH for not exercising enough control and vigil over KG-D6 block.

CAG raps ISRO for extending 'undue benefit' to foreign firm

CAG raps ISRO for extending 'undue benefit' to foreign firm

Rediff.com6 Sep 2013

The Comptroller and Auditor General on Friday rapped space agency Indian Space Research Organisation for allowing a foreign private satellite service provider to park its satellite in an orbit slot meant for Indian satellites in violation of nation's SATCOM policy and extending "undue benefit" to a foreign firm.

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.

News reports do not reflect spirit of my CAG meet speech: FM

News reports do not reflect spirit of my CAG meet speech: FM

Rediff.com30 Oct 2014

Under attack over his remarks that official auditor should not "sensationalise" its audit findings, Finance Minister Arun Jaitley on Thursday said media did not accurately reflect the spirit of his speech at the CAG conference.

Air India-Indian Airlines merger under CAG lens

Air India-Indian Airlines merger under CAG lens

Rediff.com28 Jun 2011

The apex auditor is busy preparing a report on the Air India-Indian Airlines merger and modernisation of airports through public-private-partnerships, both carried out during the previous term of the United Progressive Alliance government.

Undue benefits of Rs 156 cr provided to IT firms in Kerala: CAG

Undue benefits of Rs 156 cr provided to IT firms in Kerala: CAG

Rediff.com5 Jul 2015

CAG in the audit report on land issues in three IT parks also said 64% land given for IT development remained unutilised since 1990

Data will dictate history, says Modi

Data will dictate history, says Modi

Rediff.com16 Nov 2021

Prime Minister Narendra Modi on Tuesday said data is information and it will dictate history in the future as he exhorted for strong and scientific audits to make systems strong and transparent. Speaking at the Audit Diwas event of the Comptroller and Auditor General of India (CAG), he said in the past information was transmitted in form of stories.

Joshi seeks CAG inquiry into expenditure during Maha Kumbh

Joshi seeks CAG inquiry into expenditure during Maha Kumbh

Rediff.com17 Feb 2013

Senior Bharatiya Janata Party leader Murli Manohar Joshi on Sunday said that a Comptroller Auditor General inquiry should be conducted into expenditure made during Maha Kumbh Mela at Allahabad.

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 pulls up Chhattisgarh govt for coal block allocation

CAG pulls up Chhattisgarh govt for coal block allocation

Rediff.com24 Aug 2012

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.

CAG may pull up regulator, RIL in KG-D6 report

CAG may pull up regulator, RIL in KG-D6 report

Rediff.com25 Sep 2013

According to an official close to the development, in the coming financial audit report, to be tabled in Parliament's Budget session next year, CAG will detail the slide in the government's share in petroleum sector profits due to a drop in gas production.

Bihar: CAG spots irregularities in flood relief

Bihar: CAG spots irregularities in flood relief

Rediff.com25 Mar 2006

Audit scrutiny of expenditure on foodgrains (Rs 37.4 crore) and cash dole (Rs 44.59 crore) revealed delay in distribution, doubtful purchase of material, doubtful distribution of foodgrain and non-submission of detailed contingent bills.

UPA redux: CAG now picks holes in Modi Sarkar's coal mines e-auction

UPA redux: CAG now picks holes in Modi Sarkar's coal mines e-auction

Rediff.com26 Jul 2016

In 11 out of 29 coal mines successfully e-auctioned, a number of qualified bidders in the e-auction stage were from the same company/parent subsidiary company coalition/joint venture, CAG said.

Draft report on 2G loss highlighted possibilities: CAG

Draft report on 2G loss highlighted possibilities: CAG

Rediff.com3 Nov 2011

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."

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.

2G case: Opposition takes former CAG auditor to task

2G case: Opposition takes former CAG auditor to task

Rediff.com22 Jan 2013

Former CAG lead auditor R P Singh, who had questioned the loss figure of Rs 1.76 lakh crore in 2G spectrum allocation, on Tuesday came under fire in the JPC with opposition members contesting his claim.

CAG can now vet NGOs in social sector schemes

CAG can now vet NGOs in social sector schemes

Rediff.com11 Aug 2010

The Planning Commission has decided that approvals for all social sector projects undertaken by various non-government organisations, normally outside the purview of CAG, will come with the rider that they will be subject to audit, if required.

Why a second audit: Tata Comm asks DoT

Why a second audit: Tata Comm asks DoT

Rediff.com19 Apr 2010

The DoT is acting as a liaison between telecom companies and the CAG for an audit by the latter.

CAG briefs PAC on 2G spectrum allocation report

CAG briefs PAC on 2G spectrum allocation report

Rediff.com27 Dec 2010

Comptroller and Auditor General Vinod Rai on Monday briefed the Public Accounts Committee about his report in the 2G spectrum allocation. His report on a presumptive loss of Rs 1.76 lakh crore in 2G spectrum allocation had created a storm in Parliament and outside. The PAC, headed by Bharatiya Janata Party veteran leader Murli Manohar Joshi, is examining the controversial allocation of 2G radio waves and Rai apprised the committee of how the audit looked into the whole issue.

Air-India hid losses in 2009-10, says CAG

Air-India hid losses in 2009-10, says CAG

Rediff.com9 Feb 2011

According to an interim report of the government audit body, the loss should have been Rs 8,589.1 crore (Rs 85.89 billion), instead of Rs 5,551 crore (Rs 55.51 billion) as has been shown in the account books, sources said.

Rs 679-cr penalty unrecovered: CAG faults DoT

Rs 679-cr penalty unrecovered: CAG faults DoT

Rediff.com16 Nov 2010

Out of 122 Unified Access Service licences awarded in 2008, as many as 85 licences were given to the six new entrants to the telecom sector.

Govt will look into CAG criticism of Gorshkov deal

Govt will look into CAG criticism of Gorshkov deal

Rediff.com29 Jul 2009

"Before entering into any contract, the government will go through all details. We will assess the criticism, including that of CAG, on the issue. At present, the Gorshkov price escalation is in negotiation stage. Nothing has been finalised," Defence Minister A K Antony said during Question Hour.

Cancel broadband spectrum held by Reliance Jio: CAG

Cancel broadband spectrum held by Reliance Jio: CAG

Rediff.com29 Jun 2014

The CAG has suggested canceling nationwide broadband spectrum allocated to Infotel Broadband Services, now a Reliance Industries company, for allegedly rigging the auction and violating rules.

CAG says RIL charged more than approved gas price

CAG says RIL charged more than approved gas price

Rediff.com29 May 2014

The government had in October 2007 set a sale price of $4.20 per million British thermal unit based on the price discovered by RIL from key customers.

Tejas Mark-I fails to meet IAF criteria, has 53 shortfalls: CAG

Tejas Mark-I fails to meet IAF criteria, has 53 shortfalls: CAG

Rediff.com8 May 2015

It came under severe criticism from the CAG on Friday as it pointed out that its Mark-I version has 53 'significant shortfalls'.