News for 'Comptroller and Auditor General'

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.

2G audit was not influenced, says CAG, PAC

2G audit was not influenced, says CAG, PAC

Rediff.com16 Nov 2011

Comptroller and Auditor General Vinod Rai on Wednesday rejected reports that there was pressure from Parliament's Public Accounts Committee chairman Murli Manohar Joshi to expedite audit work of 2G spectrum allocation and said no findings were ever shared with the PAC.

SC ticks off CBI for not questioning Raja

SC ticks off CBI for not questioning Raja

Rediff.com25 Nov 2010

2G Scam: SC ticks off CBI for not questioning Raja

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

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.

DoT to examine CAG report

DoT to examine CAG report

Rediff.com18 Nov 2010

The department of telecommunications (DoT) will soon start looking into the issue of ineligibility of recent licensees such as Unitech, Loop and Datacom, in the wake of the Comptroller and Auditor-General's scathing report. And, take action, if it thinks it is required.

CAG report on spectrum scam tabled in Parliament

CAG report on spectrum scam tabled in Parliament

Rediff.com16 Nov 2010

The Comptroller and Auditor General's report on the 2G spectrum scam has been tabled in Parliament. The report was tabled in the Rajya Sabha by Minister of State for Finance (EB&I) Namo Narayan Meena. The report was placed in the Loks Sabha by Minister of State for Finance (Revenue) SS Palanimanickam.

Will telecom minister Raja be sacked?

Will telecom minister Raja be sacked?

Rediff.com11 Nov 2010

Amid growing attack on Telecom Minister A Raja over alleged scam in spectrum allocation, Prime Minister Manmohan Singh is expected to take a decision on his continuance in the Union Cabinet after his return from Seoul on Friday, highly placed sources said.

No scam in coal block allocation: Tata Steel MD

No scam in coal block allocation: Tata Steel MD

Rediff.com22 Aug 2012

The CAG report had alleged the government had passed on financial gains of Rs 1.86 lakh crore to private companies by not auctioning the coal blocks.

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.

Govt yet to decide CWG probe panel members

Govt yet to decide CWG probe panel members

Rediff.com24 Oct 2010

The structure and the exact mandate of the high-level committee set up to probe the alleged financial irregularities related to the conduct of the Commonwealth Games 2010 remain unclear even a week after the setting up of the panel was announced.

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

The story of Air India's slow death

The story of Air India's slow death

Rediff.com15 Sep 2011

In popular perception, the villain of the piece is former civil aviation minister Praful Patel.

The chinks in India's armour

The chinks in India's armour

Rediff.com12 Aug 2009

The CAG's 2008 audit report points out several irregularities in defence deals, ranging from procurement of arms to cost incurred for wasteful research and development.

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.

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.

CAG raps Delhi Metro over audit irregularities

CAG raps Delhi Metro over audit irregularities

Rediff.com17 Jul 2009

After facing flak over recent accidents claiming six lives, Delhi Metro has come under attack from the Comptroller and Auditor General which raised questions on its accountability and blamed the government for "deliberately" delaying tabling of the report in Parliament.

No service tax from CAG: Central excise

No service tax from CAG: Central excise

Rediff.com21 Jun 2012

The new circular issued by the tax research unit of CBEC on June 19 says, "CAG would not be covered by the service head Business Support Service."

BJP seeks probe into Air India's aircraft buy

BJP seeks probe into Air India's aircraft buy

Rediff.com1 Jul 2009

Demanding an inquiry into the purchase of 111 new aircraft by national carrier Air India, the Bharatiya Janata Party (BJP) has said the proposal was the root cause of the airline's financial woes.

PAC to take action if wrongdoing found: Dikshit

PAC to take action if wrongdoing found: Dikshit

Rediff.com6 Aug 2011

Under fire following Comptroller and Auditor General report indicting her and her government for irregularities in the Commonwealth Games projects, Delhi Chief Minister Shiela Dikshit on Saturday said action will be taken if any wrongdoing is found by the Public Accounts Committee looking into the issue.

How CAG plans to do corporate audits

How CAG plans to do corporate audits

Rediff.com6 Aug 2010

With over half the Plan funds that Parliament approves being spent through non-government channels, to cite the figure in CAG Vinod Rai's presentation to the Planning Commission, members of the Parliament have no way of knowing whether the money is properly spent.

Problems plague advanced light helicopter Dhruv

Problems plague advanced light helicopter Dhruv

Rediff.com5 Aug 2010

Even after 10 years of its production, the indigenous Advanced Light Helicopter Dhruv still depends heavily on imports as most of its components are procured from foreign sources, the Comptroller and Auditor General (CAG) has said.

CAG says RIL gas-expense audit not over!

CAG says RIL gas-expense audit not over!

Rediff.com6 Aug 2009

Some documents not yet provided, spokesperson tells DNA Money. Murli Deora's Petromin says report submitted! ADAG once again asks for tabling of report, shows 'proof' govt appointed auditors of RIL expense sheet have conflict of interest.

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.

Maha lost Rs 4.99 cr for no tax on IPL: CAG

Maha lost Rs 4.99 cr for no tax on IPL: CAG

Rediff.com23 Apr 2010

After the Bombay high court, it was the turn of the Comptroller and Auditor General to slam the Maharashtra government over non-levy of entertainment tax on Indian Premier League matches, saying the state lost nearly Rs 5 crore on this count in 2008.

Coming soon: Biometric PAN cards!

Coming soon: Biometric PAN cards!

Rediff.com11 Apr 2011

The government has decided to issue biometric PAN (Permanent Account Number) cards to taxpayers across the country to weed out the problem of duplicate and fake ones.

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.

Chacko should give PAC comments in writing: Joshi

Chacko should give PAC comments in writing: Joshi

Rediff.com16 Mar 2011

With Joint Parliamentary Committee chairman P C Chacko stating that the Parliament Accounts Committee should confine itself to the Comptroller and Auditor General report on 2G spectrum allocation, PAC chief Murli Manohar Joshi on Wednesday refused to join issue with him. He said Chacko should give his suggestions in writing.

Banks' accounts under scanner for improper cuts

Banks' accounts under scanner for improper cuts

Rediff.com22 Dec 2008

Accordingly, the Central Board of Direct Taxes has asked its officials in the field to check every deduction claimed by banks against each claim. The CBDT action has been prompted by a recent assessment of banks carried out by the Comptroller and Auditor General.

JPC chief feels Joshi's PAC doing parallel probe

JPC chief feels Joshi's PAC doing parallel probe

Rediff.com15 Mar 2011

With the Public Accounts Committee of Parliament on a questioning spree in 2G spectrum scam case, it has not gone down well with Joint Parliamentary Committee chairman PC Chacko who feels that the PAC has gone beyond its mandate, and wants a 'conflict' to be avoided. Chacko underlined that the PAC's mandate was limited to looking into accounting irregularities in the 2G spectrum allocation as highlighted by the comptroller and auditor general, and it should not give an impres

Sam Pitroda favours auction of spectrum

Sam Pitroda favours auction of spectrum

Rediff.com18 Jan 2011

"There has to be a transparent mechanism, where equal treatment is meted out to all. the 3G spectrum auction last year has shown that auction of spectrum is the best way forward," Pitroda said.

CAG briefs PAC on 2G spectrum allocation report

CAG briefs PAC on 2G spectrum allocation report

Rediff.com27 Dec 2010

Comptroller and Auditor General Vinod Rai on Monday briefed the Public Accounts Committee about his report in the 2G spectrum allocation. His report on a presumptive loss of Rs 1.76 lakh crore in 2G spectrum allocation had created a storm in Parliament and outside. The PAC, headed by Bharatiya Janata Party veteran leader Murli Manohar Joshi, is examining the controversial allocation of 2G radio waves and Rai apprised the committee of how the audit looked into the whole issue.

CBI questions Raja again on 2G scam role

CBI questions Raja again on 2G scam role

Rediff.com25 Dec 2010

Former Telecom Minister A Raja was being questioned again at the headquarters of the Central Bureau of Investigation in New Delhi on Saturday in connection with alleged irregularities in the allocation of 2G spectrum to certain telecom firms.

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.

Raja questions CAG report, says loss speculative

Raja questions CAG report, says loss "speculative"

Rediff.com1 Dec 2010

Former Telecom Minister A Raja today questioned in the Supreme Court the Comptroller and Auditor General (CAG) finding that the exchequer had suffered a loss of Rs 1.76 lakh crore in the allocation of 2G spectrum, terming the figure as "mind boggling and speculative".

'I am not even thinking of monetising telecom'

'I am not even thinking of monetising telecom'

Rediff.com26 Nov 2010

For over a year Sanjay Chandra, managing director of the Unitech group, has been under a cloud for various reasons.