News for 'CAG Audit'

India Audits 101 Cities To Assess Ease Of Living

India Audits 101 Cities To Assess Ease Of Living

Rediff.com7 May 2026

India is conducting a special audit of 101 cities to assess ease of living from the citizen's perspective, Comptroller and Auditor General K Sanjay Murthy said.

RIL agrees to CAG audit: Oil Secretary

RIL agrees to CAG audit: Oil Secretary

Rediff.com3 Apr 2013

We will now get CAG to do the audit for the last 3-4 years, says the secretary.

CAG flags Rs 12,754 crore misclassification, Rs 54,282 crore in pending UCs in FY25 audit

CAG flags Rs 12,754 crore misclassification, Rs 54,282 crore in pending UCs in FY25 audit

Rediff.com3 Apr 2026

The Comptroller and Auditor General of India (CAG) has reported significant financial irregularities in the Union government's FY25 accounts, including ~12,754.47 crore in misclassification and ~54,282.32 crore in outstanding utilisation certificates, with some dating back to 1985-86.

CAG audits: Another pair of eyes won't hurt companies

CAG audits: Another pair of eyes won't hurt companies

Rediff.com28 May 2014

Instead of only government departments and state-owned undertakings, the CAG can now audit private companies, too.

Odisha forest department buys Mahindra Thars from disaster fund, finds CAG

Odisha forest department buys Mahindra Thars from disaster fund, finds CAG

Rediff.com20 Apr 2026

A special audit by the Comptroller and Auditor General (CAG) has revealed that Odisha's forest and environment department sidestepped central guidelines, procuring and customising Mahindra Thar SUVs worth 17 crore from the State Disaster Response Fund (SDRF) for forest protection, despite the funds being earmarked for 'preparedness and capacity building'.

CAG audit? Leave RBI alone

CAG audit? Leave RBI alone

Rediff.com15 Jul 2016

The RBI is already audited under existing rules.

CAG Report Exposes Deficiencies in Odisha Prison Management and Security

CAG Report Exposes Deficiencies in Odisha Prison Management and Security

Rediff.com2 Apr 2026

A CAG report has revealed significant deficiencies in the management and security of prisons in Odisha, including shortages of staff, infrastructure, and equipment, raising concerns about the safety and welfare of inmates and the public.

CAG to conduct pan-India audit on ease of doing biz for MSMEs

CAG to conduct pan-India audit on ease of doing biz for MSMEs

Rediff.com20 Nov 2025

The Comptroller and Auditor General of India (CAG) has launched an integrated audit across 32 states and Union Territories to assess the ease of doing business for the micro, small and medium enterprise (MSME) sector.

CAG Report Exposes Overcrowding and Poor Facilities in Punjab Prisons

CAG Report Exposes Overcrowding and Poor Facilities in Punjab Prisons

Rediff.com17 Mar 2026

A Comptroller and Auditor General of India (CAG) report has revealed significant issues within Punjab's jail system, including overcrowding, inadequate infrastructure, and poor medical facilities.

CAG audit of GST reveals systemic flaws, not just glitches

CAG audit of GST reveals systemic flaws, not just glitches

Rediff.com28 Aug 2019

The CAG audit and other data suggests it could be far from the efficient new alternative that was once conceptualised. A conclusive review remains elusive till the government begins to release more granular and comparable data on the complex backend of GST to a deeper scrutiny, by researchers, auditors and the public.

India Calls For Stronger Accountability In Rapid Urban Transformation

India Calls For Stronger Accountability In Rapid Urban Transformation

Rediff.com7 May 2026

Comptroller and Auditor General of India K Sanjay Murthy highlighted the need for stronger accountability systems to support India's urban transformation and sustainable mobility push at the BRICS Supreme Audit Institutions Leaders' Summit in Bengaluru.

Delhi govt orders CAG audit of private power companies

Delhi govt orders CAG audit of private power companies

Rediff.com1 Jan 2014

Rejecting the contention of private power distributors, the Delhi government on Wednesday ordered an audit by the Comptroller and Auditor General of their finances, fulfilling yet another election promise of the Aam Aadmi Party.

Reliance questions CAG's audit on KG-D6 block

Reliance questions CAG's audit on KG-D6 block

Rediff.com14 Sep 2014

Reliance Industries has accused CAG of exceeding its brief in the audit of spending on eastern offshore KG-D6 block saying hindsight is being used to question operational decisions taken 8 years back.

RIL agrees for CAG audit on KG-D6

RIL agrees for CAG audit on KG-D6

Rediff.com20 Nov 2014

CAG, in the third round of audit of KG-D6 as well as three other oil and gas fields, on November 11 wrote to RIL seeking records to audit spending in 2012-13.

Telecom ministry for CAG audit of spectrum

Telecom ministry for CAG audit of spectrum

Rediff.com1 Mar 2011

"The fact of the matter is we need policies in place. There are no policies in place to ensure that spectrum is adequately and effectively used. There are no policies in place for audit for companies that actually buy spectrum. We must put in place (policies) to ensure that there is spectrum sharing, spectrum trading," Telecom minister Kapil Sibal said at the FICCI Annual General Meeting.

CAG to audit reconstruction of Delhi CM's residence

CAG to audit reconstruction of Delhi CM's residence

Rediff.com27 Jun 2023

The Union home ministry has recommended the special CAG audit taking note of a May 24 letter by Lieutenant Governor V K Saxena which pointed out 'gross and prima facie financial irregularities' in the 'reconstruction' of the chief minister's official residence, they claimed.

Adarsh: CAG auditing army's role in land allotment

Adarsh: CAG auditing army's role in land allotment

Rediff.com3 Apr 2011

Government auditor Comptroller and Auditor General has started a comprehensive audit into the role of armed forces, Coast Guard and Colaba administration in land allotment to the scam-tainted Adarsh Housing Society.

RIL not allowing CAG audit: Oil Min

RIL not allowing CAG audit: Oil Min

Rediff.com17 Oct 2012

While the Management Committee of KG-D6 block in August agreed to approval of capital spending plans pending for past three years, the resolution has so far not been signed.

How IoT is going to change India's audit ecosystem

How IoT is going to change India's audit ecosystem

Rediff.com12 Sep 2025

The International Organisation of Supreme Audit Institutions (INTOSAI) has adopted the 2026-28 Work Plan, which prioritises cybersecurity audits and remote audits using Internet of Things technologies, CAG said in a release on Friday. The work plan was adopted at the 34th Annual Meeting of INTOSAI Working Group on IT Audit (WGITA), which was held along with the 17th Steering Committee Meeting of the INTOSAI Knowledge Sharing Committee (KSC) in Hyderabad.

RIL has agreed to CAG audit: Oil Ministry

RIL has agreed to CAG audit: Oil Ministry

Rediff.com18 Dec 2012

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

Delhi Assembly Session Ends with Legislative Business, Speaker Voices Concerns Over Opposition Conduct

Delhi Assembly Session Ends with Legislative Business, Speaker Voices Concerns Over Opposition Conduct

Rediff.com30 Mar 2026

The budget session of the Delhi Assembly concluded with over 15 hours of legislative business. Speaker Vijender Gupta voiced concerns over the opposition's conduct during the session.

CAG audit will tell where the money went: Kejriwal on power tariff hike

CAG audit will tell where the money went: Kejriwal on power tariff hike

Rediff.com1 Feb 2014

Reacting to the hike in power rates, Delhi Chief Minister Arvind Kejriwal on Saturday said that the Comptroller and Auditor General's report on discoms would ascertain the lack of funds as stated by power distribution companies.

CAG audit: Setback to GSM operators

CAG audit: Setback to GSM operators

Rediff.com20 May 2010

In a blow to GSM operators, who have been demanding that auditor CAG be stopped from vetting their account books, tribunal TDSAT has declined an interim relief, saying it had no powers to intervene.

Never contested CAG auditing KG-D6 spending: Reliance

Never contested CAG auditing KG-D6 spending: Reliance

Rediff.com3 Nov 2012

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.

SC seeks govt reply on plea against CAG appointment process

SC seeks govt reply on plea against CAG appointment process

Rediff.com17 Mar 2025

The Supreme Court of India has sought the government's response on a Public Interest Litigation (PIL) that challenges the appointment process of the Comptroller and Auditor General of India (CAG), arguing it's unconstitutional. The PIL, filed by the Centre for Public Interest Litigation, claims the current process, solely through executive appointment by the Prime Minister, undermines the CAG's independence and violates constitutional principles. The court, while acknowledging the importance of institutional trust, questioned the extent to which it should intervene in the appointment process and whether this would constitute rewriting constitutional provisions. The PIL suggests the CAG's appointment should be similar to other independent bodies, with a selection committee comprising the Prime Minister, Leader of the Opposition, and Chief Justice of India. The case has implications for the independence and transparency of India's audit system.

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.

CAG audit of CWG Village to begin from Oct 28

CAG audit of CWG Village to begin from Oct 28

Rediff.com17 Oct 2010

The Comptroller and Auditor General (CAG) will start the audit work of Commonwealth Games Village in New Delhi from October 28 to probe allegations of financial irregularities.

CAG to audit fallout of demonetisation

CAG to audit fallout of demonetisation

Rediff.com26 Mar 2017

The CAG audit may look into expenditure on printing of notes, RBI dividend payout and banking transaction data.

RIL's KG-D6 spend exceeds approved limit: CAG audit

RIL's KG-D6 spend exceeds approved limit: CAG audit

Rediff.com3 Feb 2014

The govt auditor also indicts DGH and management committee of D1 and D3 fields

CAG slams Maharashtra excise dept for revenue lapses

CAG slams Maharashtra excise dept for revenue lapses

Rediff.com19 Jul 2025

The Comptroller and Auditor General (CAG) of India has criticized the Maharashtra state excise department for operational lapses that led to a significant revenue shortfall. The report cites incorrect fee assessments, failure to implement revised rates, and other irregularities.

CAG can audit accounts of telecom firms: Supreme Court

CAG can audit accounts of telecom firms: Supreme Court

Rediff.com17 Apr 2014

A bench comprising justices K S Radhakrishnan and Vikramajit Sen said CAG can carry out the audit to examine whether the companies are giving proper share of their revenue to the government.

Delhi govt may go for CAG audit of private power companies

Delhi govt may go for CAG audit of private power companies

Rediff.com31 Dec 2013

Defying doctor's advice, an unwell Chief Minister Arvind Kejriwal met CAG Shashi Kant Sharma to discuss the issue before going into a Cabinet meeting.

BCCI will not be under CAG audit

BCCI will not be under CAG audit

Rediff.com23 Feb 2010

The Board of Control for Cricket in India no longer enjoys the tax exemptions it got in the guise of being a charitable organisation but the government does not plan to bring it under the ambit of audit by Comptroller and Auditor General.

Equity Markets' Challenges: Weak Demand, High Valuation

Equity Markets' Challenges: Weak Demand, High Valuation

Rediff.com17 Feb 2026

Trade deals ease risks for Indian equities, but weak demand and stretched valuations raise questions over whether optimism -- especially in smallcaps -- can turn into a sustained bull run, points out Debashis Basu.

Order CAG audit in Maharashtra Sadan construction: BJP

Order CAG audit in Maharashtra Sadan construction: BJP

Rediff.com24 Jul 2012

Bharatiya Janata Party leader Kirit Somaiya on Tuesday demanded a special Comptroller and Auditor General audit into the alleged irregularities related to the construction of Maharashtra Sadan building along with an inquiry into certain 'benami' companies, which he claimed, had been floated by two state ministers.

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

CAG needs to CLEAN UP muddy hydropower projects

CAG needs to CLEAN UP muddy hydropower projects

Rediff.com3 Sep 2012

The CAG's audit of hydropower projects seems to be an effort for status quo that does not do justice to the formidable reputation it has attracted through some of its exemplary work

CAG gears up to audit books of 5 private telcos, Delhi discoms

CAG gears up to audit books of 5 private telcos, Delhi discoms

Rediff.com7 Jan 2014

Lt Governor says discoms must cooperate or face cancellation of licences. Ficci cries interference.

Why States Miss Monthly Spending Ceilings

Why States Miss Monthly Spending Ceilings

Rediff.com4 Oct 2025

CAG warns most states of fiscal imprudence as March spending overshoots limits, with key departments exhausting large portions of budgets in the last month of FY24.

Can the industry avoid being scrutinised by CAG?

Can the industry avoid being scrutinised by CAG?

Rediff.com10 Jan 2014

CAG may not be the cure-all for the ills that afflict PPP projects and is perhaps a sub-optimal solution to the problem.