News for 'Comptroller and Auditor General of India'

Advani's proposal on choosing CAG, ECs gets DMK, CPI-M nod

Advani's proposal on choosing CAG, ECs gets DMK, CPI-M nod

Rediff.com5 Jun 2012

Bharatiya Janjata Party veteran L K Advani's suggestion for a collegium to appoint Election Commissioners and Comptroller and Auditor General was on Tuesday backed by United Progressive Alliance ally Dravida Munetra Kazhagam and opposition Communist Party of India-Marxist.

Cong attacking bodies working for public: Joshi

Cong attacking bodies working for public: Joshi

Rediff.com2 Jul 2011

Senior Bharatiya Janata Party leader Murli Manohar Joshi on Saturday charged the Centre with attacking constitutional institutions working in the interest of the people and said it was harmful for the nation.

CAG raps Maya govt for irregularities in NRHM

CAG raps Maya govt for irregularities in NRHM

Rediff.com30 May 2012

The Comptroller and Auditor General has found gross financial mismanagement and irregularities in the implementation of the National Rural Health Mission at almost every level in Uttar Pradesh.

Outdated tech may cost 29,533 jobs

Outdated tech may cost 29,533 jobs

Rediff.com31 Jul 2009

Around 29,533 candidates who got registered at the state district employment exchanges are not likely to get jobs because of computer errors, caused by the staff at these exchanges, and usage of outdated technology, according to the Comptroller and Auditor General of India.

CAG to conduct spectrum audit

CAG to conduct spectrum audit

Rediff.com28 Feb 2011

Artificial scarcity and lack of clarity on available bandwidth blamed for scam.

RIL special audit to be over in 6 months: CAG

RIL special audit to be over in 6 months: CAG

Rediff.com14 Jun 2010

The Comptroller and Auditor General of India (CAG) is expected to complete the special audit of the accounts of KG Basin oil and gas fields of Mukesh Ambani-owned Reliance Industries Ltd (RIL) by February next year, a top official said.

BJP slams PM, Sonia for defending CVC

BJP slams PM, Sonia for defending CVC

Rediff.com18 Jan 2011

The Bharatiya Janata Party on Tuesday cornered the government for 'defending' Chief Vigilance Commissioner P J Thomas in the Supreme Court, asking Prime Minister Manmohan Singh and Congress President Sonia Gandhi as to what was the 'compulsion' to defend the 'tainted' official and attack the upright comptroller and auditor general.

Multi-member CAG: Narayanasamy says he was misquoted

Multi-member CAG: Narayanasamy says he was misquoted

Rediff.com11 Nov 2012

The Press Trust of India on Sunday in its report quoted Minister of State in the Prime Minister's office V Narayanasamy as having said that converting the Comptroller and Auditor General (CAG) into a multi-member body was under consideration of the government. The minister, however, said that he was misquoted.

Company secys of Swan, Loop pulled up on 2G report

Company secys of Swan, Loop pulled up on 2G report

Rediff.com13 Dec 2010

The Institute of Company Secretaries of India (ICSI) has pulled up the company secretaries of two telecom companies whose names have been mentioned in the Comptroller and Auditor General's (CAG's) report on the controversial allotment of airwaves. The two officials named in the report are Hari Nair, representing Swan Telecom, and Vidyadhar Chakradeo, the company secretary of Loop Telecom.

Corruption menace: 4 ways to tackle it

Corruption menace: 4 ways to tackle it

Rediff.com29 Nov 2010

Something can be done, provided we are willing to tackle the problem at its source rather than deal only with outrageous cases of corruption that are brought to the surface by the media, says Bimal Jalan.

Loss is matter of fact, profit opinion: CJI

Loss is matter of fact, profit opinion: CJI

Rediff.com22 Sep 2012

Chief Justice of India S H Kapadia on Saturday said loss is a matter of fact and profit and gain is a matter of opinion, remarks that came against the backdrop of raging controversies over valuation of natural resources.

Lack of key policies hits Jharkhand

Lack of key policies hits Jharkhand

Rediff.com3 Nov 2010

Carved out of southern Bihar as a new state on November 15, 2000, Jharkhand has been plagued by adverse conditions -- low average income, high incidence of poverty and little social development because of political instability -- there have been seven government changes.

Why is Delhi Airport losing money

Why is Delhi Airport losing money

Rediff.com27 Aug 2012

Delhi airport has been losing money for the past six years because of the heavy interest burden on loans.

SC agrees to hear PIL challenging appointment of new CAG

SC agrees to hear PIL challenging appointment of new CAG

Rediff.com23 May 2013

The Supreme Court on Thursday agreed to hear a PIL challenging appointment of Shashi Kant Sharma as the Comptroller and Auditor General of India.

CWG organisers justify deal with Fast Track

CWG organisers justify deal with Fast Track

Rediff.com12 Aug 2010

Stung by the CAG's interim report which has found discrepancies in some deals, the Commonwealth Games Organising Committee (OC) on Thursday defended its broadcasting rights deal with Fast Track despite a high commission paid to them, saying the UK company had doubled the revenue target.

CAG report no evidence against Dikshit: Digvijaya

CAG report no evidence against Dikshit: Digvijaya

Rediff.com8 Aug 2011

Defending Delhi Chief Minister Sheila Dikshit over her indictment in the recently published report of Comptroller and Auditor General of India on irregularities observed in Commonwealth Games, senior Congress leader Digvijaya Singh has said the party has decided not to take any action against her.

Mukesh Ambani meets PM; RIL gets copy of CAG report

Mukesh Ambani meets PM; RIL gets copy of CAG report

Rediff.com24 Jun 2011

Days after a CAG draft report said his firm got out of turn favours from the oil ministry and its technical arm DGH, Reliance Industries chairman Mukesh Ambani on Friday met Prime Minister Manmohan Singh.

CAG nails RAW arm in Rs 450-cr UAV purchase scam

CAG nails RAW arm in Rs 450-cr UAV purchase scam

Rediff.com15 Jun 2011

The comptroller and auditor general has unearthed a Rs 450-crore scam involving the purchase of Israeli unmanned aerial vehicles by the Hyderabad-based National Technical Research Organisation, a technical arm of the external intelligence agency Research and Analysis Wing. In the first ever audit of any intelligence agency in India, it was found that these UAVs were lying as junk.

CAG raps Cidco, L&T on Navi Mumbai project

CAG raps Cidco, L&T on Navi Mumbai project

Rediff.com20 Apr 2012

L&T has denied the charge and said the delay was entirely due to a dispute between Cidco and the railways.

Shut down 23 non-working PSUs in Maharashtra: CAG

Shut down 23 non-working PSUs in Maharashtra: CAG

Rediff.com20 May 2011

Describing these as non-working companies, the CAG in its latest report on the state tabled in the Maharashtra Assembly stated that since no purpose may be served by keeping these units in existence, the state government needs to expedite closing down of these non-working PSUs.

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

Damning revelations of CAG's illegal mining report

Damning revelations of CAG's illegal mining report

Rediff.com13 Dec 2012

Vicky Nanjappa accessed the CAG report on illegal mining in Karnataka and finds out that the in the face of losses worth thousands of crores, the state administration had only been able to recover just Rs 7.22 crore

Salary woes: ICAI staff on indefinite strike

Salary woes: ICAI staff on indefinite strike

Rediff.com4 Feb 2010

Nearly 800 employees started the strike on February 3 alleging gross mismanagement of funds by the top management and demanded a thorough audit of ICAI by comptroller and auditor general.

SC slams Sibal, asks him to behave responsibly

SC slams Sibal, asks him to behave responsibly

Rediff.com21 Jan 2011

The Supreme Court on Friday severely criticised Telecom Minister Kapil Sibal for making statements undermining the Comptroller and Auditor General of India's report on the 2G spectrum scam and asked him to behave with some sense of responsibility.

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.

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.

2G scam: Who's correct CAG or Sibal?

2G scam: Who's correct CAG or Sibal?

Rediff.com10 Jan 2011

There is nothing sinister or diabolic about Union minister Kapil Sibal's latest argument regarding the findings of the Comptroller and Auditor General (CAG) of India pertaining to the loss to the exchequer from 2G telecom licences in 2007.

Cancel licences of 5 new telecom firms, says Trai!

Cancel licences of 5 new telecom firms, says Trai!

Rediff.com18 Nov 2010

With the heat over the 2G telecom spectrum scam rising, the Telecom Regulatory Authority of India on Thursday recommended the cancellation of 34 telecom licences of companies, including Etisalat, Uninor, Loop Telecom and Siestema, due to non-compliance of roll-out obligations.

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

Coal scam: BJP leaders blame it on Dr Singh

Coal scam: BJP leaders blame it on Dr Singh

Rediff.com17 Aug 2012

Bharatiya Janata Party leaders Sushma Swaraj and Arun Jaitley claimed on Thursday that Prime Minister Manmohan Singh has to be directly blamed for the huge loss to the exchequer in allotment of coal mines. Swaraj said the PM can't be shielded behind ministers like A Raja or P Chidambaram as he did in the 2G spectrum scam.

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.

CPM, SP concerned over Gorshkov acquisition

CPM, SP concerned over Gorshkov acquisition

Rediff.com27 Jul 2009

The Defence Minister should make a statement and clarify what is the reason and why it is being purchased after its price has been escalated 20 times," CPM leader Basudeb Acharia said in Lok Sabha. He was promptly supported by former Defence Minister and Samajwadi Party chief Mulayam Singh Yadav.

WikiLeaks: US embassy backs AI-Boeing deal

WikiLeaks: US embassy backs AI-Boeing deal

Rediff.com12 Sep 2011

The embassy observations are part of a confidential official cable released by whistleblower website WikiLeaks on August 30.

AI move to acquire 111 planes a recipe for disaster: CAG

AI move to acquire 111 planes a recipe for disaster: CAG

Rediff.com8 Sep 2011

Terming the move for getting of a "large number" of planes as "risky", the CAG said the aircraft acquisition had "contributed predominantly" to the airline's massive debt liability of Rs 38,423 crore (Rs 384.23 billion) as on March 31 last year.

The day Manmohan Singh almost quit

The day Manmohan Singh almost quit

Rediff.com16 Jul 2010

Bureaucrats's memoirs are usually insipid versions of events and steer clear of controversy. Former Union home secretary C G Somiah, who retired as India's Comptroller and Auditor General, has chosen to take a refreshingly frank route in his autobiography The Honest Always Stand Alone (Niyogi Books).

Tighter accounting norms at Centre in 5 years

Tighter accounting norms at Centre in 5 years

Rediff.com7 May 2009

The accrual-based financial statements are expected to provide more appropriate presentation of financial performance and position of the government, said the government statement. The Union and states would have a common format of financial statements that would include a balance sheet, a statement of financial performance and a cash flow statement.

Another telecom scam? 1994 policy files go missing

Another telecom scam? 1994 policy files go missing

Rediff.com27 Jun 2011

The documents include the Cabinet note on the policy prepared by DoT and papers related to the decision to clear the policy by the then Congress Cabinet.

Coal allocation: R-Power got undue benefits

Coal allocation: R-Power got undue benefits

Rediff.com30 Mar 2012

But company says govt decision to permit use of incremental coal does not result in any loss to exchequer or undue benefit.

In A Raja's backyard, '2G scam' is unheard of

In A Raja's backyard, '2G scam' is unheard of

Rediff.com5 Apr 2011

He may be cooling his heels in Delhi's Tihar Jail for his alleged involvement in the 2G scam, but the developmental work and the projects he executed in this reserved constituency are the main plank of the ruling Dravida Munnetra Kazhagam, which is facing a tough competition from arch-rival All India Anna Dravida Munnetra Kazhagam.

Here's how CAG report on 2G scam blasts Raja

Here's how CAG report on 2G scam blasts Raja

Rediff.com16 Nov 2010

The government on Tuesday tabled in Parliament the Comptroller and Auditor General of India (CAG) report on 2G spectrum allocation, whose reported extracts have created a political storm and led to the resignation of Telecom Minister A Raja.