News for 'CAG Audit'

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.

SC orders audit of Padmanabha temple by former CAG

SC orders audit of Padmanabha temple by former CAG

Rediff.com24 Apr 2014

The Supreme Court today ordered that former Comptroller and Auditor General of India Vinod Rai will supervise special audit of property of Kerala's famous Sree Padmanabha Swamy temple, which is facing charges of financial irregularites, and constituted a new administrative committee headed by District Judge, Thiruvananthapuram.

'Individuals focused on monetary gain': P T Usha hits back

'Individuals focused on monetary gain': P T Usha hits back

Rediff.com29 Sep 2024

IOA president P T Usha on Sunday slammed the revolting executive council members, saying they 'seem more focused on self-serving power play and monetary gain'

Post office staff swindles Rs 96 cr of public money in saving schemes: CAG

Post office staff swindles Rs 96 cr of public money in saving schemes: CAG

Rediff.com10 Aug 2022

The staff at post offices misappropriated Rs 95.62 crore of public money between November 2002 and September 2021, the Comptroller and Auditor General has said. The money may seem small but it is what common citizen invested in post office savings, the oldest and the largest banking system in the country. The system serves the investment needs of urban and rural clients through schemes such as savings bank, recurring deposits, time deposits, national savings certificates, kisan vikas patras, public provident fund, monthly income account scheme, sukanya samriddhi accounts and senior citizens savings scheme.

Find innovative methods to check frauds: PM to auditors

Find innovative methods to check frauds: PM to auditors

Rediff.com21 Nov 2019

Stressing the need to make evidence-based policy formulation an integral part of governance, the prime minister said auditors must resort to technical tools to iron out any chances of fraud in organisations and give a new identity to new India.

AAP-Delhi bonding deep and everlasting, Kejriwal celebrates first year in power

AAP-Delhi bonding deep and everlasting, Kejriwal celebrates first year in power

Rediff.com14 Feb 2016

Expressing happiness over completion of one year in the office, Delhi CM Arvind Kejriwal on Sunday said the bonding between the AAP and the national capital is deep and everlasting.

CAG flags anomalies in accounts of units under IT, telecom ministries

CAG flags anomalies in accounts of units under IT, telecom ministries

Rediff.com29 Nov 2021

The Comptroller and Auditor General of India on Monday reported multiple irregularities in the accounts of units under the IT and telecom ministries, including purchases of hardware and software worth Rs 890 crore by NICSI in contravention of rules. In its audit report for financial years 2017-18 and 2018-19, the Comptroller and Auditor General (CAG) has flagged anomalies in the decision taken by state-run telecom firm BSNL, C-DoT, the Department of Posts, ITI Limited and CDAC that had adverse financial implications. "NICSI procured hardware and software costing Rs 890.34 crore through the 'Strategic Alliance' route in contravention of General Financial Rules, 2005 and departmental instructions and thus failed to ensure transparency and competitiveness in the procurement process," according to the CAG report tabled in Lok Sabha on Monday.

SC rejects plea seeking disclosure of PM-CARES Fund

SC rejects plea seeking disclosure of PM-CARES Fund

Rediff.com25 Mar 2022

The high court had dismissed the PIL relying on the apex court's decision of August 18, 2020, which refused a plea by NGO CPIL for the CAG audit of PM-CARES Fund.

Kejriwal's fast: Aruna Roy, Medha Patkar extend support

Kejriwal's fast: Aruna Roy, Medha Patkar extend support

Rediff.com2 Apr 2013

As his indefinite fast against "inflated" power bills entered the 11th day, Aam Aadmi Party leader Arvind Kejriwal on Tuesday got the support from activists Aruna Roy and Medha Patkar, who had differences with him on various issues.

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.

Railways face cleanliness audit!

Railways face cleanliness audit!

Rediff.com21 May 2007

For the first time in its history, the department of the comptroller and auditor general (CAG) has conducted a cleanliness audit for the Indian Railways.

Oil Min postpones CAG meeting

Oil Min postpones CAG meeting

Rediff.com31 Oct 2012

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.

SC refuses to entertain PIL challenging CAG appointment

SC refuses to entertain PIL challenging CAG appointment

Rediff.com15 Jul 2013

The Supreme Court on Monday refused to entertain a Public Interest Litigation challenging the appointment of Shashi Kant Sharma as the Comptroller and Auditor General of India.

Former J-K governor G C Murmu appointed new CAG

Former J-K governor G C Murmu appointed new CAG

Rediff.com7 Aug 2020

Earlier in the day, President Ram Nath Kovind accepted Murmu's resignation as the Lt Governor of Jammu and Kashmir.

Heavy expenses: CAG slams Coal India

Heavy expenses: CAG slams Coal India

Rediff.com4 Sep 2012

The CAG report, tabled in Parliament on Tuesday, said because of non-deployment of pay loaders, South Eastern Coalfields Ltd, a CIL subsidiary, failed to utilise gainfully the existing crushing facilities and to earn an additional revenue of Rs 12.76 crore (Rs 127.6 million) during June 2010 and May 2011.

Former home secretary Rajiv Mehrishi to be next CAG

Former home secretary Rajiv Mehrishi to be next CAG

Rediff.com31 Aug 2017

Mehrishi has emerged as the top choice for the post, the sources said, adding a formal order on this is expected soon.

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.

Govt's non-lapsable funds promote corruption: Ex-CAG Mehrishi

Govt's non-lapsable funds promote corruption: Ex-CAG Mehrishi

Rediff.com18 Sep 2021

Former CAG Rajiv Mehrishi says Centre has held back a report he submitted to the President, to end what he called "a nightmare of accounts that militates against good governance".

Cong sees 'silent undercurrent' against BJP in west UP

Cong sees 'silent undercurrent' against BJP in west UP

Rediff.com19 Apr 2024

The Congress on Friday claimed that a 'silent undercurrent' is brewing across western Uttar Pradesh against the 'failures' of the Modi government, as it flagged issues such as 'neglect' of sugarcane farmers and examination paper leaks.

Report on coal block allocation misleading: CAG

Report on coal block allocation misleading: CAG

Rediff.com22 Mar 2012

An initial audit report estimating Rs 10.67 lakh crore loss to the exchequer on account of allotment of coal blocks during 2004 to 2009 without auction caused an uproar in the Parliament and was described as "exceedingly misleading" by the CAG himself.

No CAG report on coal scam: PM

No CAG report on coal scam: PM

Rediff.com22 Mar 2012

With media reports of audit raking up a coal scam, Prime Minister Manmohan Singh on Thursday said the Comptroller and Auditor General (CAG) has clarified there is no report and maintained there was no need for him to clarify in Parliament.

CAG does not leak reports: Vinod Rai

CAG does not leak reports: Vinod Rai

Rediff.com21 May 2013

Outgoing Comptroller and Auditor General Vinod Rai on Tuesday dismissed charges that he was behind the leak of controversial audit reports on 2G spectrum and coal block allocations.

CAG report on chopper deal soon, says Rai

CAG report on chopper deal soon, says Rai

Rediff.com15 Feb 2013

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.

I was made to sign on 2G audit report: R P Singh

I was made to sign on 2G audit report: R P Singh

Rediff.com24 Nov 2012

Former CAG official R P Singh, who has created a storm with his statements on the 2G spectrum allocation audit, on Saturday claimed that his superiors gave him "written order" following which he signed on the final report giving a presumptive loss figure of Rs 1.76 lakh crore.

Auditors are not adversaries, says CAG Vinod Rai

Auditors are not adversaries, says CAG Vinod Rai

Rediff.com9 Oct 2012

He said the benchmark against which the auditors examine and assess the performance of the departments are not created by them, but by the government itself.

Govt takes Rs 12,489 cr hit as telcos understate revenue: CAG

Govt takes Rs 12,489 cr hit as telcos understate revenue: CAG

Rediff.com11 Mar 2016

The government has suffered a loss of Rs 12,488.93 crore (Rs 124.88 billion) due to under-invoicing of gross revenue by six telecom companies including Reliance Communications, Vodafone and Bharti Airtel, the CAG said in a damning report on Friday.

3G operators may come under CAG scrutiny

3G operators may come under CAG scrutiny

Rediff.com13 Sep 2010

The move is significant as it would extend the power of CAG -- set up to audit central and state government departments as well as PSUs -- to private sector companies.

CAG report raps Railways

CAG report raps Railways

Rediff.com12 Feb 2014

CAG says Railways lost about Rs 4,300 crore in 2008-2012 because of improper documentation.

Dassault yet to fulfil offset obligations under Rafale deal: CAG

Dassault yet to fulfil offset obligations under Rafale deal: CAG

Rediff.com24 Sep 2020

In its report tabled in Parliament, the national auditor said the Dassault Aviation and the MBDA proposed in September 2015 to discharge 30 per cent of their offset obligations by offering high technology to the Defence Research and Development Organisation (DRDO), but the two firms are yet to do it.

Opposition seeks Gadkari's resignation over CAG report

Opposition seeks Gadkari's resignation over CAG report

Rediff.com11 May 2015

With the Congress party baying for his blood, Union Minister Nitin Gadkari on Monday broke his silence on the CAG report on irregularities in loan extended to his family-linked Purti Group.

MoD panel found Dassault was not lowest bidder: CAG

MoD panel found Dassault was not lowest bidder: CAG

Rediff.com13 Feb 2019

The MoD panel had submitted its report in March 2015, weeks before Prime Minister Narendra Modi announced that India would procure 36 jets.

Flagship schemes: CAG to go public with reports

Flagship schemes: CAG to go public with reports

Rediff.com4 Jul 2011

All set for more public interactions even as PM has been critical of the apex auditor recently.

Govt to table CAG report on Rafale deal in Parliament tomorrow

Govt to table CAG report on Rafale deal in Parliament tomorrow

Rediff.com11 Feb 2019

The government's decision to buy 36 Rafale fighter jets from French company Dassault has become a controversial political issue, with the main opposition party Congress levelling allegations of corruption and impropriety, and the ruling dispensation defending the move.

Former CAG official questions Rs 1.76 lakh cr 2G loss

Former CAG official questions Rs 1.76 lakh cr 2G loss

Rediff.com23 Nov 2012

Giving another twist to the 2G spectrum allocation controversy, a former comptroller and auditor general official has questioned the CAG's estimates of presumptive loss of Rs 1.76 lakh crore. "After completing the audit of the ministry of telecom, which was under my direct charge, I prepared a draft audit report covering each and every aspect. My report did not contain any loss figure," said former director general of CAG R P Singh.

Sibal favours spectrum audit, asks telcos to help

Sibal favours spectrum audit, asks telcos to help

Rediff.com1 Mar 2011

According to reports, CAG has sought details from the department of telecommunication on the total available spectrum in the country and how much has been allocated to private telecom operators from 2000 onward and at what value.

Tata trusts given irregular tax exemptions: CAG

Tata trusts given irregular tax exemptions: CAG

Rediff.com13 Dec 2013

Government auditor CAG on Friday pulled up the Income Tax Department (ITD) for allowing irregular tax exemption to two Tata trusts involving tax implication of over Rs 1,000 crore (Rs 10 billion).

The more the better, says Vinod Rai on multiple CAGs

The more the better, says Vinod Rai on multiple CAGs

Rediff.com4 May 2013

Comptroller and Auditor General Vinod Rai on Saturday said that he did not foresee any dilution in the powers of CAG if the organisation is converted into a multi-member body.