News for 'cag report'

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.

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.

Modi acted as Anil Ambani's middleman in Rafale deal: Rahul

Modi acted as Anil Ambani's middleman in Rafale deal: Rahul

Rediff.com13 Feb 2019

The BJP said the email purportedly by an Airbus executive referred to a helicopter deal and not Rafale.

Fadnavis didn't return as CM, what will Modi return as: Pawar

Fadnavis didn't return as CM, what will Modi return as: Pawar

Rediff.com17 Aug 2023

The veteran politician accused the BJP of breaking duly elected governments in opposition-ruled states even as it boasted about providing a stable government at the Centre.

The more the better, says Vinod Rai on multiple CAGs

The more the better, says Vinod Rai on multiple CAGs

Rediff.com4 May 2013

Comptroller and Auditor General Vinod Rai on Saturday said that he did not foresee any dilution in the powers of CAG if the organisation is converted into a multi-member body.

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 reveals irregular tax exemptions to cricket associations

CAG reveals irregular tax exemptions to cricket associations

Rediff.com13 Dec 2013

The Income-tax Department has allowed irregular exemptions on TV rights from BCCI to four cricket associations resulting in non-levy of tax to the tune of Rs 37.23 crore, the Comptroller and Auditor General (CAG) said on Friday.

MTDC pulled up for poor tourist facilities

MTDC pulled up for poor tourist facilities

Rediff.com26 Apr 2011

Pulling up the Maharashtra Tourism Development Corporation (MTDC) for "failing" to develop tourist facilities, the CAG has noted that the number of foreigners visiting the state has dropped and those availing its infrastructural facilities were negligible.

Irked by leaks, CAG has new plans

Irked by leaks, CAG has new plans

Rediff.com29 Jun 2011

Concerned over the frequent leaks of its "half baked reports", the office of the Union comptroller and auditor-general (CAG) has decided to issue different versions of its draft reports -- the ones given for feedback and reactions before the final version is readied -- to ministries and public sector units to nail the sources of leaks.

CAG faults tax avoidance pacts

CAG faults tax avoidance pacts

Rediff.com9 May 2005

Comptroller and Auditor General has pulled up the finance ministry for flaws in double taxation avoidance agreements

Why is Delhi Airport losing money

Why is Delhi Airport losing money

Rediff.com27 Aug 2012

Delhi airport has been losing money for the past six years because of the heavy interest burden on loans.

Cong tries damage control after CAG remarks

Cong tries damage control after CAG remarks

Rediff.com12 Nov 2012

Trying to wriggle out of the controversy over Union Minister V Narayansamy's remarks on the Comptroller and Auditor General, the Congress on Monday indicated that the government will not go in for changes in the auditor's institutional mechanism based on the "activities of a person".

RIL contests CAG's observations on KG-D6

RIL contests CAG's observations on KG-D6

Rediff.com23 Nov 2014

While government/PSU procedures focus on piece meal & individual tenders taken on standalone basis, avoiding delays and cost of not doing things becomes a primary consideration in PSC procurement

PM should reply on coal gate charges: CPI

PM should reply on coal gate charges: CPI

Rediff.com31 May 2012

The Communist Party of Indi today demanded that Prime Minister Manmohan Singh reply to charges of irregularities in allocation of coal blocks instead of evading an answer over the issue.

Govt considering CAG findings: FM

Govt considering CAG findings: FM

Rediff.com10 May 2005

Under attack from Left parties on the Centaur Hotel sell-off, Finance Minister P Chidambaram on Tuesday

Responses to CAG's queries soon: Minister

Responses to CAG's queries soon: Minister

Rediff.com7 Apr 2010

Even the CBI has filed a case against some unknown officials of the DoT for conniving with private companies for manipulation of licence terms and conditions.

DoT diverted Rs 33,682.86 cr rural telephone money, says CAG

DoT diverted Rs 33,682.86 cr rural telephone money, says CAG

Rediff.com12 May 2015

The Universal Service Obligation fund was set up in April 2002 and a statutory status was given to it.

CAG can audit accounts of telecom firms: Supreme Court

CAG can audit accounts of telecom firms: Supreme Court

Rediff.com17 Apr 2014

A bench comprising justices K S Radhakrishnan and Vikramajit Sen said CAG can carry out the audit to examine whether the companies are giving proper share of their revenue to the government.

Former CAG official questions Rs 1.76 lakh cr 2G loss

Former CAG official questions Rs 1.76 lakh cr 2G loss

Rediff.com23 Nov 2012

Giving another twist to the 2G spectrum allocation controversy, a former comptroller and auditor general official has questioned the CAG's estimates of presumptive loss of Rs 1.76 lakh crore. "After completing the audit of the ministry of telecom, which was under my direct charge, I prepared a draft audit report covering each and every aspect. My report did not contain any loss figure," said former director general of CAG R P Singh.

Reliance questions CAG's audit on KG-D6 block

Reliance questions CAG's audit on KG-D6 block

Rediff.com14 Sep 2014

Reliance Industries has accused CAG of exceeding its brief in the audit of spending on eastern offshore KG-D6 block saying hindsight is being used to question operational decisions taken 8 years back.

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.

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".

Joshi praises Pranab's defence of CAG, PAC

Joshi praises Pranab's defence of CAG, PAC

Rediff.com16 Nov 2011

Politics over its critical reports on scams echoed in the 150th anniversary celebrations of the Comptroller and Auditor General on Wednesday when Bharatiya Janata Party leader and Public Accounts Committee Chairman Murli Manohar Joshi praised Finance Minister Pranab Mukherjee for defending both the CAG and the PAC when they came under attack.

Acute shortage of ammunition in army, no improvement since 2013

Acute shortage of ammunition in army, no improvement since 2013

Rediff.com22 Jul 2017

The CAG report noted that availability of 55 per cent types of ammunitions was below minimum inescapable requirement to be maintained for operational preparedness and 40 per cent types of ammunitions were in critical level, having stock of less than 10 days.

CAG can audit accounts of private telcos: Court

CAG can audit accounts of private telcos: Court

Rediff.com6 Jan 2014

Delhi High Court says it can do so under the TRAI Act, rejects petitions filed by telecom associations.

CAG audit: Setback to GSM operators

CAG audit: Setback to GSM operators

Rediff.com20 May 2010

In a blow to GSM operators, who have been demanding that auditor CAG be stopped from vetting their account books, tribunal TDSAT has declined an interim relief, saying it had no powers to intervene.

CAG hauls up ONGC for hiring a 2nd rig from Reliance

CAG hauls up ONGC for hiring a 2nd rig from Reliance

Rediff.com8 Aug 2013

CAG, in a report tabled in Parliament today, said Oil and Natural Gas Corporation hired rig 'Actinia' from RIL for six months in 2009 for Rs 146.71 crore (Rs 1.46 billion) saying it needed urgently drill three wells but its actual usage indicated the hiring was 'not necessary'.

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.

'CAG has agreed to confine to KG-D6 block's audit'

'CAG has agreed to confine to KG-D6 block's audit'

Rediff.com11 Dec 2012

The PSC provides for a financial audit -- checking of the contractor's accounts in order to verify the charges and credits, but not a performance audit that scrutinises efficacies of processes or technology used in the complex deep sea operations.

The many shortcomings of Aadhaar

The many shortcomings of Aadhaar

Rediff.com14 Apr 2022

Aadhaar is falling behind on technology, missing out on confidentiality and has gaps in its data archiving policy and preserving confidentiality in delivery of the cards to people, says a report by the Comptroller and Auditor General of India (CAG). The performance report, 'Functioning Of Unique Identification Authority Of India', tabled in Parliament on the last day of the budget session notes, assigning a unique identity to all resident Indians was supposed to be the key feature of Aadhaar. But "There were instances of issue of Aadhaar with the same biometric data to different residents indicating flaws in the de-duplication process and issue of Aadhaar on faulty biometrics and documents". It says close to half a million such records had to be cancelled by the Unique Identification Authority of India up to 2016.

CAG explains India's biggest scam to JPC

CAG explains India's biggest scam to JPC

Rediff.com30 May 2011

Comptroller and Auditor General Vinod Rai on Monday appeared before the Joint Parliamentary Committee, which is probing the 2G spectrum scam, to explain how the government auditor quantified the losses in the spectrum allocation at Rs 1.76 lakh crore. Rai was asked to brief the Committee, chaired by Congress leader P C Chacko, on the allocation and pricing of telecom licences and spectrum during 1998 to 2009.

Plan panel against CAG scrutiny of PPP projects

Plan panel against CAG scrutiny of PPP projects

Rediff.com12 Sep 2011

"The performance of the public part of the (PPP) project should be subject to proper scrutiny but obviously where the private sector (is given) flexibility ... you cannot subject that to CAG scrutiny," Montek Singh, Planning Commission Deputy Chairman said when asked whether there is case for CAG scrutiny of PPP projects.

Reliance Power got undue benefit of Rs 29,033 crore: CAG

Reliance Power got undue benefit of Rs 29,033 crore: CAG

Rediff.com17 Aug 2012

Flaying post-bid concessions to Reliance Power, the CAG on Friday said the Anil Ambani-led firm got undue benefit of Rs 29,033 crore (Rs 290.33 billion) when the government allowed use of surplus coal from blocks alloted to Sasan power plant for its other projects.

No disrespect to any institution: Sibal

No disrespect to any institution: Sibal

Rediff.com21 Jan 2011

Telecom Minister Kapil Sibal on Friday said that he meant no disrespect to any institution by his comments on the CAG report on 2G scam, but maintained that "canards" had to be responded to.

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."

SC refuses to entertain PIL challenging CAG appointment

SC refuses to entertain PIL challenging CAG appointment

Rediff.com15 Jul 2013

The Supreme Court on Monday refused to entertain a Public Interest Litigation challenging the appointment of Shashi Kant Sharma as the Comptroller and Auditor General of India.

BJP flays Cong for trying to 'weaken' CAG

BJP flays Cong for trying to 'weaken' CAG

Rediff.com12 Nov 2012

Slamming Congress for trying to "weaken" Comptroller and Auditor General by making it a multi-member body, the Baratiya Janata Party on Monday warned that any such move would only 'boomerang' on the party.

RIL's KG-D6 spend exceeds approved limit: CAG audit

RIL's KG-D6 spend exceeds approved limit: CAG audit

Rediff.com3 Feb 2014

The govt auditor also indicts DGH and management committee of D1 and D3 fields

CAG's findings are flawed on multiple counts: PM

CAG's findings are flawed on multiple counts: PM

Rediff.com27 Aug 2012

Amidst Opposition ruckus in Lok Sabha, Prime Minister Manmohan Singh on Monday asserted that the observations of the CAG on the allocation of coal blocks were clearly disputable.

Coal Crisis: 'Next few months will be a wake-up call'

Coal Crisis: 'Next few months will be a wake-up call'

Rediff.com19 Oct 2021

'They will be able to ride over this immediate crisis and carry on, but they need to take corrective steps and these will have to be long term measures which must include working closely with state governments.'