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.
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.
The Comptroller and Auditor General of India plans to focus on infrastructure companies and banks for special audit during the current financial year.
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.
'In China there is capital punishment for heritage theft. That is how they treat criminals, unlike us.' 'Here we treat them like it's a house-breaking theft.'
The Committee of Administrators (COA) held a fruitful first meeting with coach Anil Kumble and rest of the Indian cricket team's support staff on the sidelines of the Board of Control for Cricket in India's Awards in Bengaluru.
Seeking the government's assurance to the House that it would not henceforth enter into "such dubious deals" with the United States, Basudeb Acharia of the Communist Party of India-Marxist asked why the government bought the 1971 vintage vessel for $50 million when the US Navy had decided in 2003 that it was not suitable for modernisation and should be decommissioned in 2006.
According to the recent report, IAF's Air Officer Commander at one of the stations was approached by the Reliance Infocomm for installation of a booster antenna within the station complex in May 2004 and the permission was granted by the concerned authorities. The company was asked to pay Rs 5,000 as rent and allied charges to the government, which was subsequently reduced to Rs 1,000 in September 2005.
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
The recent draft report of the Comptroller and Auditor General (CAG) which pointed to misuse and non-utilisation of funds for the National Rural Employment Guarantee (NREG) scheme doesn't mean the programme is a write-off. The audit will act as a deterrent and spur state governments to work more efficiently, Rural Development Minister Raghuvansh Prasad Singh has said.
With the photo-identity card issue in the capital kicking up a major controversy, Prime Minister Manmohan Singh on Monday said that if there are any practical problems, these will be resolved. "I do not want to go into the motives. If there are any practical problems, we will resolve them," he told reporters on the sidelines of a function where the new Comptroller and Auditor General of India was sworn-in at the Rashtrapati Bhawan.
His appointment will be effective from the date he assumes charge of his office, an official statement said on Monday. An Indian Administrative Service officer of Kerala cadre, 1972 batch, Rai will take over from V N Kaul.
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.
The defence ministry's new procurement policy is causing delays.
For the first time in its history, the department of the comptroller and auditor general (CAG) has conducted a cleanliness audit for the Indian Railways.
Handing out a reprimand to the Navy for the lapse, the CAG said this was 'seriously limiting their operations capabilities.'
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
National auditor says a significant part of NPAs was due to fraud and may never be recovered
The CAG has found that the Union government in the very first two years of the GST implementation wrongly retained Rs 47,272 crore of GST compensation cess that was meant to be used specifically to compensate states for loss of revenue.
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.
The company's accounts were audited by CAG as its shareholders include public sector banks.
A vacation bench of Justices M M Shantanagoudar and Deepak Gupta was informed by Guha's counsel that he had tendered his resignation on May 28 to Vinod Rai, Chairman of the Committee of Administrators of the Board of Control for Cricket in India.
'Perhaps GST was too complex a system for the Indian economy at its present stage of development,' argues T N Ninan.
South Africa have dismissed as 'baseless' allegations made in a US indictment that the country paid $10 million in bribes to host the 2010 World Cup.
The administration of the union territory as directed by the Jammu and Kashmir high court to make public land given under the controversial Roshni land scheme, since scrapped by a court, came out with the list of beneficiaries.
Unable to face competition of a liberalised environment, as many as 88 public sector undertakings have eroded
The government carries out a review of the defence procurement process every two years to make changes gained from experience and to incorporate new contract clauses for probity.
Comptroller and Auditor General found that they have been given wrong benefit of income deduction.
Cricket stars Sachin Tendulkar and Sunil Gavaskar have come under the scanner of Comptroller and Auditor General who has found that they have been given wrong benefit of income deduction as sportsmen.
These recommendations are based on interactions held by the Banks Board Bureau with eligible candidates from PSBs towards appointment against vacancies in PSBs for the period 2018-19
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.
Comptroller and Auditor General has pulled up the finance ministry for flaws in double taxation avoidance agreements
The apex court was hearing a plea of the NGO seeking initiation of contempt proceedings against the Union home secretary and chief secretary of J-K for their alleged 'wilful disobedience' in complying with the court's May 11 order. The top court told the administration that with the change of L-G, nothing changes as the special committee is there to look into the issue.
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.
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 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.
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