News for 'Comptroller and Auditor General'

PMO refuses to give info on Modi's foreign travel

PMO refuses to give info on Modi's foreign travel

Rediff.com8 May 2015

The Prime Minister's Office has refused to give information on the expenses incurred on Prime Minister Narendra Modi's recent visit to Singapore saying it is too "vague" and "wide".

Russia will play a major role in India's energy sector

Russia will play a major role in India's energy sector

Rediff.com10 May 2022

Old timers in Oil and Natural Gas Corporation (ONGC) still remember how in early 2000 its overseas subsidiary, ONGC Videsh Ltd (OVL), was on the verge of closure. Though OVL was set up in 1965, the only discovery the company had made till then was in Vietnam offshore, with more investment needed to monetise it. In 2001, when OVL started looking for new blocks abroad, the company's previous acquisition was 13 years old.

Cong meets CVC on Rafale deal, demands registration of corruption case

Cong meets CVC on Rafale deal, demands registration of corruption case

Rediff.com24 Sep 2018

The Congress has launched an offensive against the Bharatiya Janata Party government over the Rafale deal, alleging corruption and violation of rules by Prime Minister Narendra Modi and demanded answers from him.

Agusta scam: After ED, now CBI summons Tyagi

Agusta scam: After ED, now CBI summons Tyagi

Rediff.com29 Apr 2016

CBI sources said while Air Marshal (Retd) Gujral has been asked to appear for questioning on Saturday, Tyagi will be examined on Monday.

Rafale deal textbook case of criminal misconduct, say Sinha, Shourie

Rafale deal textbook case of criminal misconduct, say Sinha, Shourie

Rediff.com8 Aug 2018

The trio also accused PM Modi of single-handedly changing the parameters of the deal.

CAG detects scams worth Rs 10,000 crore in Bihar

CAG detects scams worth Rs 10,000 crore in Bihar

Rediff.com15 Jul 2014

The Comptroller and Auditor General detected financial irregularities of over Rs 10,000 crore in Bihar government departments during the financial year 2012-13.

Modi's big opportunity in Bihar

Modi's big opportunity in Bihar

Rediff.com21 Nov 2020

Over the next five years, it will be Narendra not Nitish who will be under pressure to deliver vikas and atmanirbharta in Bihar, notes Kanika Datta.

How was private entity given mandate to maintain Red Fort, asks Congress

How was private entity given mandate to maintain Red Fort, asks Congress

Rediff.com28 Apr 2018

The Dalimia Bharat group, under the memorandum of understanding, would maintain the monument and build basic infrastructure around it and has committed a sum of Rs 25 crore for the purpose over a period spanning five years.

'Made-in-India' Akash Missile, worth Rs 3,600 crore, fails test

'Made-in-India' Akash Missile, worth Rs 3,600 crore, fails test

Rediff.com28 Jul 2017

The CAG said the strategic missile system, which were to be deployed on the China border, procured from the state-run Bharat Electronics Ltd were deficient in quality.

When Politics Scuttles Economic Reforms

When Politics Scuttles Economic Reforms

Rediff.com14 Mar 2022

People like Manmohan Singh and P Chidambaram, who as finance minister had fully supported the NPS, refuse to exercise their moral and political influence to try and stop Ashok Gehlot and others hell-bent on wrecking the states' finances, notes Virendra Kapoor.

Why Central Vista project is all wrong

Why Central Vista project is all wrong

Rediff.com25 May 2021

The project shows a lack of respect for history, even if an inalienable part of it is colonial history, asserts T N Ninan.

New FDI policy will attract bigger players in Railways

New FDI policy will attract bigger players in Railways

Rediff.com18 Aug 2014

Despite public-private partnership projects announced in several rail budgets, the investment since 2000 has been merely Rs 3,000 crore.

CAG may pull up regulator, RIL in KG-D6 report

CAG may pull up regulator, RIL in KG-D6 report

Rediff.com25 Sep 2013

According to an official close to the development, in the coming financial audit report, to be tabled in Parliament's Budget session next year, CAG will detail the slide in the government's share in petroleum sector profits due to a drop in gas production.

Why Railways' financial health is off track

Why Railways' financial health is off track

Rediff.com11 Sep 2021

In 2019-20, the capital expenditure of Indian Railways (IR) increased 60 per cent over 2016-17. The draft National Railways plan envisages a further increase in IR's capital expenditure, but an analysis by Business Standard shows that IR has come to depend more on borrowings and budgetary support. In 2016-17, while 11 per cent of its capital expenditure (capex) was funded by internal sources, in 2019-20 the ratio dropped to less than 1 per cent. A 2015 Committee on Restructuring Railways had flagged that over-reliance on borrowings could exacerbate the financial situation of Railways.

'CBI cases, CAG comments led to policy paralysis in Oil Min'

'CBI cases, CAG comments led to policy paralysis in Oil Min'

Rediff.com2 Dec 2013

In a presentation to investors in Mumbai last week, Aramane Giridhar, Joint Secretary (Exploration) gave detailed reasons for pendency of decisions in the Ministry of Petroleum and Natural Gas where officials approved of decisions but refused to issue formal orders, resulting in delays in production of oil and gas.

Three months on, R-Power still in search of a CEO

Three months on, R-Power still in search of a CEO

Rediff.com26 Feb 2014

Reliance Power is yet to get a new CEO after J P Chalasani quit as managing director and chief executive officer.

CAG says EPFO earned more, paid less to members in 4 fiscals

CAG says EPFO earned more, paid less to members in 4 fiscals

Rediff.com18 Feb 2014

Retirement fund body EPFO paid lesser amount as interest on PF deposits of over five crore subscribers than its earnings between 2007-08 and 2010-11, government auditor CAG has said.

Coal ministry proposes new bid rules to check corruption

Coal ministry proposes new bid rules to check corruption

Rediff.com15 Jan 2014

After the Union comptroller and auditor-general saying there'd been a loss of Rs 10.67 lakh crore in allotment of coal blocks, the draft Request For Proposal (RFP) for new allocations has strong clauses for cancellation for breaches on this count.

I-T dept has huge land bank, yet spends Rs 1,000 cr on rent

I-T dept has huge land bank, yet spends Rs 1,000 cr on rent

Rediff.com9 Apr 2019

The tax department was given the land at Mumbai's posh location, measuring 2,786 square metre, with a minimum capacity of 100,000 sq ft, in 1992. Instead of constructing an office building, the department recently took a few floors on rent at the nearby Air India building.

Rs 3600 crore VVIP chopper deal scrapped

Rs 3600 crore VVIP chopper deal scrapped

Rediff.com1 Jan 2014

India on Wednesday cancelled its Rs 3,600 crore deal with Anglo-Italian firm AgustaWestland for the supply of 12 VVIP choppers to the Air Force in view of charges that kickbacks to the tune of Rs 360 crore had been paid in it.

Railways won't roll back dynamic pricing for premium trains

Railways won't roll back dynamic pricing for premium trains

Rediff.com22 Aug 2018

Looking into the flexi-fare scheme in Rajdhani, Duronto and Shatabdi trains introduced in September 2016, the CAG stated that occupancy in all classes except the sleeper class in Duronto decreased.

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.

Budget hikes food subsidy, but cuts it for fertilisers

Budget hikes food subsidy, but cuts it for fertilisers

Rediff.com2 Feb 2020

Finance Minister Nirmala Sitharaman has brought down the budgetary allocation for the fertiliser subsidy for FY21 to Rs 71,309 crore, from the RE of Rs 79,998 crore for FY20, while increasing food subsidy to FCI through "ways and means advance" to Rs 50,000 crore for FY21, from Rs 36,000 crore in RE for FY20, and under the National Food Security Act (NFSA) to Rs 77,982 crore, from Rs 75,000 crore.

'We paid the cricketers better salaries'

'We paid the cricketers better salaries'

Rediff.com11 Oct 2022

'All of us tend to believe that they are so well paid, why should we bother about their payments.' 'But who all are well paid? Only a handful, maybe 3-4 of them, who go in for endorsements and things.' 'The others are struggling, playing Ranji Trophy and other matches, so that compensation we made it market-oriented.'

Undue benefits of Rs 156 cr provided to IT firms in Kerala: CAG

Undue benefits of Rs 156 cr provided to IT firms in Kerala: CAG

Rediff.com5 Jul 2015

CAG in the audit report on land issues in three IT parks also said 64% land given for IT development remained unutilised since 1990

Centre allows 4G on trial in 2 J-K districts after Aug 15

Centre allows 4G on trial in 2 J-K districts after Aug 15

Rediff.com11 Aug 2020

The committee has decided that access to 4G internet in J-K will be given in a calibrated manner and outcome of the trial will be reviewed after two months.

Dassault CEO says no scandal in Rafale deal, defends Reliance role

Dassault CEO says no scandal in Rafale deal, defends Reliance role

Rediff.com20 Feb 2019

We are going to deliver 36 aircraft. If the government of India wants more aircraft, we will be pleased to deliver, he said.

No need for increased superintendence over CBI: CVC

No need for increased superintendence over CBI: CVC

Rediff.com21 Jun 2015

There is no need for increased superintendence over the CBI in the aftermath of the coal blocks allocation and 2G scam cases, CVC K V Chowdary said on Sunday.

Rafale: CAG report raises concerns on no sovereign guarantee

Rafale: CAG report raises concerns on no sovereign guarantee

Rediff.com13 Feb 2019

The report noted that the 2007 UPA deal included a 15 per cent bank guarantee against advance payments.

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.

Can Vinod Rai change the fortunes of ailing banks?

Can Vinod Rai change the fortunes of ailing banks?

Rediff.com4 Mar 2016

Former CAG Vinod Rai said he will not take a single rupee in remuneration from the government for his work.

4 mistakes Modi made with GST

4 mistakes Modi made with GST

Rediff.com3 Jan 2020

'Perhaps GST was too complex a system for the Indian economy at its present stage of development,' argues T N Ninan.

Dialogue with people soon: New J-K LG after taking oath

Dialogue with people soon: New J-K LG after taking oath

Rediff.com7 Aug 2020

'We don't have any agenda in that, there will be no discrimination against anyone. Constitution will be Gita in that'

Unwanted controversy surfaces again in women's coach selection

Unwanted controversy surfaces again in women's coach selection

Rediff.com20 Dec 2018

Chaudhry said the BCCI cannot approve an appointment in the current situation.

How to make the people use toilets

How to make the people use toilets

Rediff.com18 Aug 2017

Lack of sanitation is leading to avoidable deaths of infants, and underweight and stunted children.

Will BCCI's Ganguly, Shah get an extension?

Will BCCI's Ganguly, Shah get an extension?

Rediff.com22 Jul 2020

The Supreme Court on Wednesday said it would hear after two weeks the applications which have raised issues relating to the Board of Control for Cricket in India. The matter came up for hearing before a bench comprising Chief Justice S A Bobde and Justice L Nageswara Rao.

CAG criticises army for 'unauthorised' utilisation of choppers

CAG criticises army for 'unauthorised' utilisation of choppers

Rediff.com18 Dec 2015

The Comptroller and Auditor General of India has criticised the army for "unauthorised" utilisation of helicopters of the aviation corps including sorties undertaken on Saturday, Sunday and holidays which cost the exchequer nearly Rs three crore extra as unauthorised expenditure.

Agusta heat reaches Chhattisgarh, CM denies allegations

Agusta heat reaches Chhattisgarh, CM denies allegations

Rediff.com13 May 2016

Swaraj Abhiyan leaders Prashant Bhushan and Yogendra Yadav in Delhi accused the Raman Singh government of paying $1.57 million (Rs 10 crore) as 'commission' to a company registered in tax-haven British Virginia Islands to procure the chopper.

Only 'eligible' BCCI office-bearers to attend meet on July 17

Only 'eligible' BCCI office-bearers to attend meet on July 17

Rediff.com5 Jul 2020

BCCI Apex Council will work on finalising India's revised Future Tours Program and the domestic season.

Conflict still an issue; it has to change: Ganguly

Conflict still an issue; it has to change: Ganguly

Rediff.com23 Oct 2019

The Conflict ruling suggested in the Lodha reforms for BCCI came under criticism from several quarters as they believed it stopped the former cricketers from coming forward to help Indian cricket and cricketers.