News for 'CAG'

'If We Are A Global Power It's Because Of Him'

'If We Are A Global Power It's Because Of Him'

Rediff.com31 Dec 2024

'A man who brought about the greatest set of economic reforms in the country, who changed the course of Indian history, cannot be considered weak.' 'A man who fought for nuclear reforms even though his majority in Parliament was threatened, he cannot be considered weak.'

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.

As pure 'as alkaline water': UP quotes scientist on Sangam water

As pure 'as alkaline water': UP quotes scientist on Sangam water

Rediff.com21 Feb 2025

The Uttar Pradesh government, citing a scientist, has asserted that Ganga water at the ongoing Maha Kumbh in Prayagraj is as pure as "alkaline water", debunking concerns raised by the Central Pollution Control Board (CPCB) about water quality. The government claims that a scientist found no bacterial growth or decline in the water's pH level, despite millions of devotees bathing in the river. However, experts caution that the quality of the Ganga water is not static and can vary greatly depending on various factors.

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.

SEBI chief Buch skips PAC summons; BJP miffed at panel chair

SEBI chief Buch skips PAC summons; BJP miffed at panel chair

Rediff.com24 Oct 2024

Buch, under a cloud over allegations of conflict of interest levelled by United States-based short-seller Hindenburg, was asked to appear before the PAC, which is reviewing the performance of the market regulator.

Girish Chandra Murmu assumes office as CAG

Girish Chandra Murmu assumes office as CAG

Rediff.com8 Aug 2020

Murmu made and subscribed to the oath of office before President Ram Nath Kovind, according to a Rashtrapati Bhavan statement.

'History Will Remember Him With Gratitude'

'History Will Remember Him With Gratitude'

Rediff.com27 Dec 2024

'During his stint as prime minister, he got 270 million people out of poverty.' 'This, according to the World Bank, is the fastest compression of poverty anywhere in the world.' Arvind Mayaram, the former finance secretary, recalls his encounters with Dr Manmohan Singh.

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.

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.

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".

GST technical glitches behind input tax credit frauds: CAG

GST technical glitches behind input tax credit frauds: CAG

Rediff.com25 Mar 2021

CAG recommended fixing a definite time frame for rolling out simplified GST return forms.

Govt used GST compensation cess elsewhere, violated law: CAG

Govt used GST compensation cess elsewhere, violated law: CAG

Rediff.com25 Sep 2020

The CAG has found that the Union government in the very first two years of the GST implementation wrongly retained Rs 47,272 crore of GST compensation cess that was meant to be used specifically to compensate states for loss of revenue.

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.

Unnecessarily making allegations against me: P T Usha

Unnecessarily making allegations against me: P T Usha

Rediff.com9 Oct 2024

IOA president P T Usha firmly refuted allegations made by treasurer Sahdev Yadav regarding financial loss incurred by the body due to its contract renegotiation with Reliance Industries Limited

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.

IOC penalises IOA over ongoing internal row

IOC penalises IOA over ongoing internal row

Rediff.com11 Oct 2024

Withholds Olympic Solidarity fund

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.

CAG audit? Leave RBI alone

CAG audit? Leave RBI alone

Rediff.com15 Jul 2016

The RBI is already audited under existing rules.

CAG wants adequate powers

CAG wants adequate powers

Rediff.com15 Mar 2013

Defending the proactive approach of the CAG, Rai emphasised that the job of the public auditor was also to ensure that executive and the government are held financially accountable to legislature.

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.

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.

BJP plotting to topple Delhi govt, to impose Prez rule: Atishi

BJP plotting to topple Delhi govt, to impose Prez rule: Atishi

Rediff.com10 Sep 2024

The accusation comes a day after the President's secretariat forwarded the assertions of the Opposition BJP that Delhi was facing a constitutional crisis to the ministry of home affairs for "proper attention".

CAG slams navy for failing to conclude Rs 16,000-crore contract

CAG slams navy for failing to conclude Rs 16,000-crore contract

Rediff.com24 Sep 2020

The CAG also observed that the Indian Navy's auxiliary vessel strength was not increasing incommensurate with the rise in its combat fleet.

Lies of 'Mahajhootbandhan' exposed by CAG report on Rafale: Jaitley

Lies of 'Mahajhootbandhan' exposed by CAG report on Rafale: Jaitley

Rediff.com13 Feb 2019

"It cannot be that the Supreme Court is wrong, the CAG is wrong and only the dynast is right. Satyameva Jayate -- the truth shall prevail. The CAG Report on Rafale reaffirms the dictum," Jaitley said in a series of tweet.

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.

'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'

CAG report not worth paper its written on: Rahul

CAG report not worth paper its written on: Rahul

Rediff.com14 Feb 2019

The only reason for the new deal is to give Rs 30,000 crore to industrialist Anil Ambani, the Congress chief alleged.

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.

NDA Rafale deal 2.86% cheaper than UPA one: CAG

NDA Rafale deal 2.86% cheaper than UPA one: CAG

Rediff.com14 Feb 2019

The CAG observed there was no change in the price of 'flyaway aircraft package'.

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.

Navy lacks institutional framework to deal with safety: CAG

Navy lacks institutional framework to deal with safety: CAG

Rediff.com21 Jul 2017

The report said a dedicated organisation for dealing with safety issues awaits government's sanction.

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.

CAG refuses to share Rafale audit details, cites breach of Parliament

CAG refuses to share Rafale audit details, cites breach of Parliament

Rediff.com15 Jan 2019

The audit is under progress and the report is yet to be finalised. The information cannot be given under Section 8(1)(C) of the RTI Act as the disclosure would cause breach of Parliament, the CAG said.

2 years after roll-out, GST glitches still exist, says CAG report

2 years after roll-out, GST glitches still exist, says CAG report

Rediff.com31 Jul 2019

The Centre's revenue from GST registered a decline of 10 per cent in 2017-18 compared to revenue of subsumed taxes in 2016-17.

Gujarat jails are mismanaged: CAG

Gujarat jails are mismanaged: CAG

Rediff.com26 Jul 2014

The Comptroller and Auditor General report tabled in Gujarat legislature has indicated security lapses and mismanagement by the jail staff in the state prisons.

UIDAI offered undue favour to Wipro: CAG

UIDAI offered undue favour to Wipro: CAG

Rediff.com2 Aug 2016

Government auditor CAG has flagged "undue favour" to Wipro Ltd by UIDAI.

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 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.

CAG not following mandate: Narayanasamy

CAG not following mandate: Narayanasamy

Rediff.com17 Aug 2012

In the dock over three new Comptroller and Auditor General reports, the government on Friday stressed that these were not final and accused the auditor of not following its mandate.

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