News for 'Comptroller and Auditor General'

CAG slams army for food given to troops in J&K, NE

CAG slams army for food given to troops in J&K, NE

Rediff.com3 Aug 2010

The Comptroller and Auditor General slammed the army for the poor quality of food items supplied to troops in Jammu and Kashmir and the northeast on Tuesday, noting that the rations had rotted in some cases.

10 Times Arvind Kejriwal Made Headlines

10 Times Arvind Kejriwal Made Headlines

Rediff.com18 Sep 2024

From the time he first rose to prominence during the movement against the then UPA government, Arvind Kejriwal has regularly grabbed headlines for his surprise moves and decisions. Here are 10 such instances.

Rs 50,000 crore missing from govt coffers: Modi

Rs 50,000 crore missing from govt coffers: Modi

Rediff.com16 Mar 2009

Gujarat Chief Minister Narendra Modi on Sunday night alleged that a report by the Comptroller and Auditor General of India had found that Rs 50,000 crore was unaccounted for and 'missing from the central government's coffers'."The country wants to know from Prime Minster Manmohan Singh about this money that has simply vanished," Modi said. Training guns on Dr Singh, Modi said the country should know whether the huge sum of "missing money was being used for the elections."

Maharashtra loses Rs 20 crore in Satyam deal

Maharashtra loses Rs 20 crore in Satyam deal

Rediff.com3 May 2010

The Comptroller of Auditor General (CAG) of India has rapped Maharashtra Government for giving 'undue benefit of over Rs 20 crore (Rs 200 million)' to controversial Satyam Computer Services Ltd by selling land at lower rates in Multimodal International Hub Airport (MIHAN) project at Nagpur.

Parties demand debate on demonetisation, surgical strikes in Parliament

Parties demand debate on demonetisation, surgical strikes in Parliament

Rediff.com14 Nov 2016

The cross-Line of Control surgical strikes, policy towards Pakistan, the situation in Jammu and Kashmir, besides One Rank, One Pension and the plight of farmers were also among issues that were raised at the meeting with parties demanding discussion on them.

Why a second audit: Tata Comm asks DoT

Why a second audit: Tata Comm asks DoT

Rediff.com19 Apr 2010

The DoT is acting as a liaison between telecom companies and the CAG for an audit by the latter.

MP has negligible investment return: CAG

MP has negligible investment return: CAG

Rediff.com31 Mar 2011

State owned public sector undertakings have turned into white elephants for one of the most poor states.

AP govt doled out 'undue benefits' to Satyam: CAG

AP govt doled out 'undue benefits' to Satyam: CAG

Rediff.com30 Mar 2010

The state government allotted 50 acres of land near Visakhapatnam to Satyam Computer in December 2008 at a concessional rate of Rs 10 lakh.

CAG: From account checker to conscience keeper

CAG: From account checker to conscience keeper

Rediff.com14 Mar 2011

CAG has come a long way from an institution created to set the British finances right after the 1857 revolt.

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.

CAG to audit accounts of 5 telcos

CAG to audit accounts of 5 telcos

Rediff.com12 Feb 2010

The Comptroller and Auditor General of India, the apex audit body, has decided to audit the accounts of five telcos-- Bharti Airtel, Reliance, Tata, Vodafone and the state-run BSNL-- for 2009-10.

Air-India hid losses in 2009-10, says CAG

Air-India hid losses in 2009-10, says CAG

Rediff.com9 Feb 2011

According to an interim report of the government audit body, the loss should have been Rs 8,589.1 crore (Rs 85.89 billion), instead of Rs 5,551 crore (Rs 55.51 billion) as has been shown in the account books, sources said.

Audit of space dept deal on: CAG

Audit of space dept deal on: CAG

Rediff.com7 Feb 2011

The Comptroller and Auditor General on Monday said that the audit of certain activities of Department of Space were under way but made it clear that media reports on alleged scam in a deal between ISRO and a private firm cannot be concluded as its "findings".

Can Sharmila Help Congress Win AP?

Can Sharmila Help Congress Win AP?

Rediff.com3 Feb 2024

If she cannot recast the party, bring together the factions opposed to her, and present herself as her brother's true challenger, there will be little left for her in politics, notes Aditi Phadnis.

2G scam: No loss to the country, says Sibal

2G scam: No loss to the country, says Sibal

Rediff.com7 Jan 2011

"The figure of Rs 1.76 lakh crore (Rs 1.76 trillion) arrived at by the Comptroller and Auditor General of India is utterly erroneous," Union Telecom Minister Kapil Sibal said on Friday while addressing a press conference in New Delhi.

Infrastructure firms under CAG lens for audit

Infrastructure firms under CAG lens for audit

Rediff.com1 Jun 2007

The Comptroller and Auditor General of India plans to focus on infrastructure companies and banks for special audit during the current financial year.

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.

SC rejects plea seeking disclosure of PM-CARES Fund

SC rejects plea seeking disclosure of PM-CARES Fund

Rediff.com25 Mar 2022

The high court had dismissed the PIL relying on the apex court's decision of August 18, 2020, which refused a plea by NGO CPIL for the CAG audit of PM-CARES Fund.

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.

CBEC lays down time limits for clearances

CBEC lays down time limits for clearances

Rediff.com15 Jan 2007

The Central Board of Excise and Customs has decided to prescribe time limits for various activities following representations from the trade and recommendations from the Comptroller and Auditor General of India

ADAG seeks revalidation of RIL gas field costs

ADAG seeks revalidation of RIL gas field costs

Rediff.com26 Aug 2009

This follows a letter by RIL to the ministry, justifying the increase in capex.

Former CAG says Manmohan Singh can't shirk responsibility in 2G scam

Former CAG says Manmohan Singh can't shirk responsibility in 2G scam

Rediff.com12 Sep 2014

Former Comptroller Auditor General Vinod Rai has come out with a stinging criticism of former Prime Minister Manmohan Singh saying integrity is not just financial but intellectual and professional too and claimed that Congress leaders had sought to apply pressure on him to keep the PM's name out of audit reports.

CAG finds Rs 1,846 cr irregularities in PSUs

CAG finds Rs 1,846 cr irregularities in PSUs

Rediff.com4 Aug 2009

Replying to questions in Rajya Sabha, he said CAG in its audit observations has pointed out financial irregularities of Rs 1404.32 crore (Rs 14.04 billion) in its 2008 report and Rs 4547.63 crore (Rs 45.47 billion) in the 2007 report. Deshmukh said CAG has also pointed out reasons for deficiencies in the accounts of PSUs.

What ails India's arms procurement policy

What ails India's arms procurement policy

Rediff.com15 Nov 2006

The defence ministry's new procurement policy is causing delays.

Cost escalation for Gorshkov's refit ok: Russia

Cost escalation for Gorshkov's refit ok: Russia

Rediff.com28 Jul 2009

"At several occasions our leadership has given public statements on the issue. Each and every step in the process of the refit of the aircraft carrier is monitored by Indian navy's technical team and they have never raised objections," Vyacheslav Davidenko, the official spokesman for the Rosoboronexport state corporation, told PTI in Moscow.

CAG raps Centre for Gorshkov cost escalation

CAG raps Centre for Gorshkov cost escalation

Rediff.com24 Jul 2009

The Comptroller and Auditor General report for 2008, released in New Delhi, also questioned the prudence of the Ministry in buying the second-hand Russian warship, which now comes at 'half its life-span and about "60 per cent more expensive' than a new aircraft carrier.

Tribal students get books but no teachers: CAG

Tribal students get books but no teachers: CAG

Rediff.com13 Jul 2009

Tribal students in Jharkhand, who were given textbooks free of cost, could not use them as there were no "qualified teachers" to teach tribal languages, a Comptroller and Auditor General of India's report has said. The government in 2003 decided to introduce tribal languages for class I to V, it said.

Bihar heading to a revenue surplus

Bihar heading to a revenue surplus

Rediff.com23 Jul 2010

The report for the period ended March 2009, presented in the assembly by Deputy Chief Minister S K Modi, who holds charge of the finance department, said revenue receipts between 2008-09 increased by Rs 4770.97 crore (Rs 47.7 billion) mainly due to grants-in-aid and share of Union taxes from the Centre.

Kargil returns to haunt George Fernandes

Kargil returns to haunt George Fernandes

Rediff.com18 Mar 2008

In 2001, George Fernandes was in the cross hairs of the Comptroller and Auditor General over the purchase of allegedly overpriced coffins for soldiers killed in battle. Seven years later, the CAG has zeroed in on Fernandes' pet project -- a new ordnance factory in his parliamentary constituency, Nalanda, to manufacture 155 mm ammunition for Bofors guns -- slamming it as a poorly planned project that was rushed through urgently.

How CAG spotted the 2G spectrum scam

How CAG spotted the 2G spectrum scam

Rediff.com16 Apr 2012

It is because of the Comptroller & Auditor General that we know all isn't well in the murky world of government purchases and the allocation of resources.

CAG report blasts NDA on PSU privatisation

CAG report blasts NDA on PSU privatisation

Rediff.com25 Aug 2006

The Comptroller and Auditor General of India on Friday criticised the previous National Democratic Alliance government for undervaluation of a number of public sector units, including Balco and VSNL, where equity was divested.\n\n

'PSU bids waiver to Satyam?  Panel's nod needed'

'PSU bids waiver to Satyam? Panel's nod needed'

Rediff.com26 May 2009

Earlier this month, the corporate affairs ministry had written to various ministries including telecom, railways and steel seeking directions for public sector units under their administrative control for exempting Satyam from submitting audited balance sheets while bidding for projects of the state-owned firms.

Vinod Rai assumes charge as CAG

Vinod Rai assumes charge as CAG

Rediff.com7 Jan 2008

Vinod Rai, a 1972 batch IAS officer of Kerala cadre, took oath on Monday as the country's new Comptroller and Auditor General of India. Rai, who replaced V N Kaul, was administered the oath of office by President Pratibha Patil at a brief function at Rashtrapati Bhawan. Vice President Hamid Ansari, Prime Minister Manmohan Singh and Finance Minister P Chidambaram were among the dignitaries present at the ceremony.

Railways fail to achieve Plan targets

Railways fail to achieve Plan targets

Rediff.com23 Apr 2010

It was planned to add 2,000 kms of new lines, convert 10,000 km of metre/narrow gauge into broad gauge, double the 6,000 km of single track and electrify 3,500 km of routes during the 11th Plan.

No government action on most CAG reports

No government action on most CAG reports

Rediff.com20 Apr 2010

If CAG indicts Raja, will action be taken? asks Business Standard.

Why CAG feels Chhattisgarh can't fight Naxals

Why CAG feels Chhattisgarh can't fight Naxals

Rediff.com30 Mar 2010

The police department had 49,143 units of weapons, of which 11,232 or about 23 per cent, were obsolete, the CAG report for the year ended March 31, 2009 said. There was also shortage of weapons as per Bureau of Police Research and Development (BPRD) norms.

Reliance may ask govt to refund its investment

Reliance may ask govt to refund its investment

Rediff.com17 Jan 2012

Reliance Industries may ask the government for a refund of its investment if it is forced to give up any part of the prolific KG-D6 block as it has spent a huge sum of money on exploration after obtaining necessary permission to retain the entire 7,645-sq km area.

CAG picks holes in Gujarat government's financial practices

CAG picks holes in Gujarat government's financial practices

Rediff.com29 Mar 2023

The Comptroller and Auditor General of India (CAG) has pointed out several flaws in the financial practices of the Gujarat government and said there was a need to formulate a realistic budget based on the needs of the departments.

Cong seeks Shourie's dismissal

Cong seeks Shourie's dismissal

Rediff.com20 Feb 2004

Congress on Friday sought the dismissal of Divestment Minister Arun Shourie from the Cabinet for his statement terming as "idiotic" the Comptroller and Auditor General's

Bureaucrats lack accountability, laments CAG

Bureaucrats lack accountability, laments CAG

Rediff.com8 Jun 2007

The CAG, who blamed what he called a lack of accountability in bureaucracy for delays in action on audit reports, said officials who sit over them should be punished.