'No sovereign guarantee, no bank guarantee, no escrow account, yet a huge amount was paid as advance'
Dismissing DAE's reply that most of the items were working satisfactorily, CAG said the department should have analysed all the aspects before ordering for the equipment.
Audit scrutiny of expenditure on foodgrains (Rs 37.4 crore) and cash dole (Rs 44.59 crore) revealed delay in distribution, doubtful purchase of material, doubtful distribution of foodgrain and non-submission of detailed contingent bills.
IMAGE: BCCI president Anurag Thakur, right, with ICC CEO Shashank Manohar. Photograph: PTI Board of Control for Cricket in India president Anurag Thakur on Monday said in Supreme Court that he had not asked International Cricket Council's CEO Dave Richardson to state that the appointment of Justice Rajendra Mal Lodha committee would "tantamount to government interference" in the functioning of BCCI.
An RTI plea reveals that Rashtrapati Bhavan employs 545 people, and incurs a monthly wage bill of Rs 1,34,68,927.
'The current budgetary practice of shifting expenditures off-balance sheet in order to be seen to be meeting fiscal targets should be discontinued; additional fiscal stimulus would be imprudent; individual income tax rates should not be cut; GST rates should not be raised now,' advise Arvind Subramanian and Josh Felman.
The resistance to Lodha panel reforms remains deep rooted in the Board of Control for Cricket in India.
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.
Food to be cooked in base kitchens instead of trains; private players to be involved
Challenging the claims of the Comptroller and Auditor General about the shortage of ammunition for the army, Defence Minister Manohar Parrikar on Thursday said that production had increased by 18 per cent since last year.
Insisting that all laws were followed in a "completely transparent manner", Vadra said, "Neither me nor anyone associated with me has anything to hide."
Saurabh Patel, energy minister, Gujarat, who has handled the energy portfolio since 2002, speaks to Archis Mohan on GPSC's investment in the KG basin and says the criticism is politically motivated.
Indian Railways to bring on board ready-to-eat food companies
Lack of sanitation is leading to avoidable deaths of infants, and underweight and stunted children.
Yashwant Sinha explains where the Modi government has gone wrong in its handling of the economy.
Comptroller and Auditor General has pulled up the finance ministry for flaws in double taxation avoidance agreements
The cacophony of uninformed voices should not impact decision making process of bank executives.
The faculty of the Indian Institutes of Technology may be the most sought by the industry for consultancy work, but instead of getting paid for the job, they sometimes end up spending from their own pockets.
Raja said he had, in fact, brought a 'revolution' in the telecom sector.
The CAG report, tabled in Parliament, states the interest on the short payment stood at Rs 1,052.13 crore for the period up to March 2016.
The bench said that 'argument on the preliminary issue and the claim of privilege raised by the Government of India is reserved'.
The government had also appointed PricewaterhouseCoopers as consultant to come up with a road map to upgrade base kitchens and service on trains.
The government had last year excluded those with an annual income of more than Rs 10 lakh from LPG subsidy
Rewarding those who had supported them and refused to pay their power bills during AAP's agitation, the Delhi government on Wednesday decided to give them a 50 per cent relief on their pending bills and also waived the penalty.
Indian-American Raja Krishnamoorthi has registered a big win in the Democratic Congressional primary in the US state of Illinois by defeating the state senator.
The Bhartiya Janata Party on Saturday disputed the expenditure amount for the 'India Shining' media campaign.
The Comptroller and Auditor General on Friday pulled up the previous NDA government for diversion of funds and incurring unauthorised expenditure of Rs 63.23 crore (Rs 632.3 billion) for the 'India Shining' media campaign.
The Comptroller and Auditor General of India, in a report tabled before the state assembly in Jammu, pointed out serious lapses in the procedures adopted by state-run health centres.
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
The new board will have to provide the NCLT a road map for turning around the company by October 31, which, Kotak said, is challenging, given that the company's issues represent a "moving target"
The MoD panel had submitted its report in March 2015, weeks before Prime Minister Narendra Modi announced that India would procure 36 jets.
The Congress, which was not a petitioner before the apex court, wants the Rafale deal to be referred to a Joint Parliamentary Committee to go into the price arrived at by the BJP government versus the one negotiated by the previous UPA regime, as also how billionaire Anil Ambani's group with virtually no experience in manufacture of fighter jets was selected as an offset partner for the deal.
Virtually conceding the demands of the Left, the government has ordered a CBI probe into the privatisation of two Centaur Hotels in Mumbai in view of the anomalies pointed out by the Comptroller and Auditor General of India in the process.
Krishnamoorthi, 43, won the Chicago-area US House of Representatives seat, the 8th Congressional District, vacated by Tammy Duckworth who won Illinois's US Senate seat.
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