News for 'Comptroller and Audit General'

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.

HC pulls up Centre over 1-page reply to plea on PM CARES Fund

HC pulls up Centre over 1-page reply to plea on PM CARES Fund

Rediff.com12 Jul 2022

Observing that the issue concerning the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) is 'not so simple' the high court asked the Centre to file a 'detailed and exhaustive' response in the matter.

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.

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.

No irregularities in farm debt waiver scheme: Pawar

No irregularities in farm debt waiver scheme: Pawar

Rediff.com6 Mar 2013

No irregularities in farm debt waiver scheme: Pawar

CAG criticises Scorpene deal for delay

CAG criticises Scorpene deal for delay

Rediff.com26 Jul 2009

Bogged down by kickback charges, the Scorpene submarine deal has now come under criticism from the Comptroller and Auditor General for the delay involved and financial "advantage" given to the French company. In its latest audit report tabled in Parliament on Saturday, the Comptroller and Auditor General came down heavily on the Defence Ministry for the nine-year delay.

Ratan Tata, ex-SC judge Thomas appointed as trustees of PM Cares Fund

Ratan Tata, ex-SC judge Thomas appointed as trustees of PM Cares Fund

Rediff.com21 Sep 2022

Prime Minister Narendra Modi has lauded the people for contributing wholeheartedly to the PM CARES Fund as he chaired its meeting which was also attended by newly-nominated trustees Justice K T Thomas, former deputy Lok Sabha speaker Kariya Munda and Ratan Tata, the PMO said on Wednesday.

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.

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.

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.

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.

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.

HC to hear on Dec 10 pleas seeking transparency in PM CARES Fund functioning

HC to hear on Dec 10 pleas seeking transparency in PM CARES Fund functioning

Rediff.com26 Nov 2021

The Delhi high court on Friday advanced to December 10 the hearing on pleas to declare the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund a 'State' under the Constitution and a 'public authority' under the Right to Information Act to ensure transparency in its functioning.

'UPA pressured me to drop names from CWG, coal reports'

'UPA pressured me to drop names from CWG, coal reports'

Rediff.com24 Aug 2014

In fresh embarrassment to the erstwhile United Progressive Alliance regime, particularly to former Prime Minister Manmohan Singh, former Comptroller Auditor General Vinod Rai has claimed that coalition functionaries had deputed politicians to get him leave out names from the audit reports in the Coalgate and Commonwealth Games scams.

CWG: Auditors fear bonfire of papers

CWG: Auditors fear bonfire of papers

Rediff.com22 Nov 2010

The day after the closing ceremony, the Prime Minister's Office had asked the OC to make sure all documents were kept safe.

CAG smells a rat in UPA's Rs 72k-cr farm debt relief scheme

CAG smells a rat in UPA's Rs 72k-cr farm debt relief scheme

Rediff.com6 Mar 2013

Report says ineligible farmers given benefits.

8 BJP MLAs quit posts to protest Mukul Roy's appointment as PAC chief

8 BJP MLAs quit posts to protest Mukul Roy's appointment as PAC chief

Rediff.com13 Jul 2021

Leader of Opposition Suvendu Adhikari objected to Roy's elevation, arguing that the MLA, who had crossed over to the ruling Trinamool Congress last month after winning the polls on a BJP ticket, cannot be considered a legislator of the saffron camp.

Anil Ambani meets Delhi Lt Governor

Anil Ambani meets Delhi Lt Governor

Rediff.com19 Feb 2014

Last month, then Delhi Chief Minister Arvind Kejriwal had ordered a CAG scrutiny of private power distribution companies.

PAC meeting on 2G deferred after Opposition, govt disagree

PAC meeting on 2G deferred after Opposition, govt disagree

Rediff.com31 Oct 2011

The 2G controversy rocked Parliament's Public Accounts Committee meeting in New Delhi on Monday with opposition parties demanding that former director general (Audit) R P Singh be summoned and asked why he differs with the Comptroller and Auditor General on the quantum of loss. With differences persisting, the meeting was adjourned. The meeting scheduled for Tuesday has also been postponed reportedly as Chhath festival falls on that day.

Rediff Chat: The man who exposed the 2G scam

Rediff Chat: The man who exposed the 2G scam

Rediff.com6 Jun 2013

Did former CAG Vinod Rai exceed his brief? Was he, as some in the government alleged, planning a post-retirement life in politics (which he had refuted many times)? Or did he strengthen the agency's constitutional mandate by refusing to toe the government line and maintaining a fierce independent streak?

Losses wipe out equity investments in 82 PSEs

Losses wipe out equity investments in 82 PSEs

Rediff.com16 May 2007

Equity investments in 82 public sector enterprises have been completely eroded due to accumulated losses, an audit of financial statements conducted by the Comptroller and Auditor General of India revealed.

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.

YK Sinha appointed as chief info commissioner along with 3 ICs

YK Sinha appointed as chief info commissioner along with 3 ICs

Rediff.com7 Nov 2020

Yashvardhan Kumar Sinha was appointed as the chief information commissioner on Saturday, according to a Rashtrapati Bhavan statement.

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.

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.

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.

SARC & Associates appointed as auditors of PM CARES Fund

SARC & Associates appointed as auditors of PM CARES Fund

Rediff.com13 Jun 2020

The firm, headed by Sunil Kumar Gupta, was appointed auditors of the PM's National Relief Fund in 2019, reports Archis Mohan

No factor to show PM CARES Fund is private: HC told

No factor to show PM CARES Fund is private: HC told

Rediff.com7 Oct 2021

Opposing the Centre's stand that the PM CARES Fund was not a government fund, a lawyer told the Delhi High Court Wednesday that there was no factor to show that the fund was private in nature.

'Oil ministry, DGH bent rules for Reliance'

'Oil ministry, DGH bent rules for Reliance'

Rediff.com13 Jun 2011

In a draft audit report on the KG-DWN-98/3, or KG-D6, block, the Comptroller and Auditor General said the Directorate General of Hydrocarbons allowed Reliance to hike capital expenditure for developing Dhirubhai-1 and 3, the largest of 18 gas finds in the block, by 117 per cent.

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 Vinod Rai has political ambitions, slams Digvijay

CAG Vinod Rai has political ambitions, slams Digvijay

Rediff.com31 Aug 2012

Congress leader Digvijay Singh on Friday targeted Comptroller and Auditor General Vinod Rai suggesting he has a political agenda like one of his controversial predecessors T N Chaturvedi, who had given a report on Bofors issue and soon after joined the Bharatiya Janata Party.

CAG should explain its methodology, working style: Cong

CAG should explain its methodology, working style: Cong

Rediff.com30 Aug 2012

Stung by the Comptroller and Auditors General report on notional revenue loss in coal blocs allocation, Congress on Thursday asked the national auditor to respond to the debate triggered by its findings about its methodology and working style.

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.

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 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.

I wasn't put up by Congress: R P Singh

I wasn't put up by Congress: R P Singh

Rediff.com25 Nov 2012

Former Comptroller and Auditor General official R P Singh, who has stirred a controversy, has rejected the allegations that the Congress has put him up to defend the government on the audit report on 2G spectrum allocation which had estimated the presumptive loss of Rs 1.76 lakh crore.

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.

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.

India elected to IAAC

India elected to IAAC

Rediff.com3 Nov 2007

India has been elected to the newly established Independent Audit Advisory Committee, a five-member body which is expected to contribute to improving the accountability of the UN Secretariat to the member states.